OAKLAND — A new highrise that could bring hundreds of homes to Oakland’s downtown is being eyed in the urban core of the East Bay’s largest city.
The project is being planned at 1261 Harrison St. in downtown Oakland, documents filed with city planners show.
The housing tower would be an estimated 22 stories high, according to the proposal. The development would feature 207 residential units.
At present, the site consists of a one-story commercial building with multiple small tenants, a review of Google maps shows.
Pinnacle RED Group, a San Jose-based development company, has proposed the project, according to the city records. The site is owned by HC Harrison, which has corporate ties to Pinnacle RED, Hengshan Corp. and Solaia Development, business records show.
The developers intend to renovate an existing building at the site so retail units could be offered on the ground floor of the project.
If built, the project could also be used to activate an alleyway by adding a space for outdoor dining, drinking and gatherings, the city plan sets show.
In 2017, Pinnacle RED had proposed a 36-story tower at the site, consisting of homes, offices and retail. Had it been built, the project would have been Oakland’s tallest building at the time.
But in 2019, Pinnacle decided to scrap the proposal and never received a city Planning Commission vote on the project. The developer went back to the drawing board.
The new project could include 125 one-bedroom units, 72 two-bedroom domiciles and 10 three-bedroom units.