Development agreement

Seminary Point, Oakland, CA

On municipal recordOakland, CA
4/ 5
High impact
Bedrock impact score
Action type
Development agreement
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-07-21
Jurisdiction
Oakland, CA
Days on record
11 days
01Investment highlights

Why this deal matters

  • Development agreement in Oakland, CA
  • Bedrock impact score 4 of 5 — High impact
  • Debt and rent forgiveness from the Successor Agency signals the city is actively de-risking Seminary Point
  • A potential green light for development activity and a sign that legacy encumbrances on the site may be cleared, opening the door for new deal structures.
  • On the municipal record 11 days (filed 2026-07-21)
02Deal summary

The rationale

Debt and rent forgiveness from the Successor Agency signals the city is actively de-risking Seminary Point — a potential green light for development activity and a sign that legacy encumbrances on the site may be cleared, opening the door for new deal structures.

The Oakland Redevelopment Successor Agency and City Council are considering debt and rent forgiveness related to the Seminary Point development, brought forward by the Economic and Workforce Development Department.

03Deal facts

The filing record

Jurisdiction
Oakland, CA
Action type
Development agreement
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-07-21
Days on record
11 days
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
Seminary Point, Oakland, CA
37.80400, -122.27100 · approximate (jurisdiction center)
Street view

At street level

Street view of Seminary Point, Oakland, CA
Google Street View · nearest outdoor imagery
Property record

Parcel & ownership

APN / Parcel
2-53-1
Assessed value
$166,372,185
Owner mailing address
555 CALIFORNIA ST 50TH SAN FRANCISCO CA 94104
Parcel data · Alameda County Assessor
Area demographics

Alameda County

1,661,584
Population
$104,888
Median HH income
573,174
Households
$1,800
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
20 Schools
20 Dining
13 Grocery
20 Banks
20 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-07-21
    11 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
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