Development agreement
Seminary Point, Oakland, 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
Seminary Point, Oakland, CA
37.80400, -122.27100 · approximate (jurisdiction center)
Street view
At street level
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
- Filed with jurisdiction2026-07-2111 days on record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
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