London Square has been changing. In December 2001 the Port of Oakland sold
four of the buildings in the square to Jack London Square Partners
(Ellis Partners and James Falaschi) at a price of $17.2 million. The
transaction included 66 year leases for the land on which the four
buildings sit and the right to develop a nearby waterfront complex of
offices, restaurants and shops.
The plans include enhancement of the Green adjacent to the current Ferry
stop on Clay Street (the West Green), removal of parking along that
shore, and installation of a cafe/restaurant with viewing areas of the
Estuary. The project has removed the fascia from 66
Franklin Street (the old Tribune offices) and restore its historic
underpinnings. The Jack London Cabin and Heinhold's
remain. The major addition is the Jack London Market at 145,000
square feet. This is located behind Heinhold's and extended
down towards the Estuary. There will be an addition of an East Green in
front of the Harvest Hall, and also an addition of a Celebration Plaza
in the Webster corridor south of Embarcadero.
Several ownership changes have taken place:
The Oakland Board of Port Commissioners has approved the assignment of
several long term leases at Jack London Square to CIM Group, an urban
developer with a substantial footprint in Oakland. This action
formalized the sale of the project and related entitlements from its
prior owners, a consortium consisting of Ellis Partners, Transbay
Holdings, and DivcoWest to CIM Group.
DivcoWest assumed ownership of 98.5% of the project, while Ellis
Partners retained 1.5% and the role of master developer.
The project development is ongoing though slowed by
the post-2008 recession. Due to terms
of the development agreement with the City of Oakland,
construction will be phased over a period of up to 15 years.
The Oakland City/Port Liaison Committee received a
July 1, 2010 update on the status of the Jack London project
implementation. The core content of the report is available in
this large (15mb) presentation file.
Project Status Meter
Here is Waterfront Action's estimate of progress on