OAKLAND — An condominium complicated that will add greater than 150 residences is being eyed on an Oakland website the place a popular Korean restaurant now operates, a proposal being reviewed by metropolis planners exhibits.
The residential improvement is being deliberate at 3801 Telegraph Ave. on the nook of West MacArthur Boulevard in Oakland, in line with paperwork on file at Metropolis Corridor.
The town recordsdata present that Riaz Capital is the developer of the proposed mission. The Oakland-based agency has develop into energetic in proposing improvement initiatives within the East Bay.
Riaz Capital paid $3.7 million to purchase the property, in line with paperwork filed in December 2021 with the Alameda County Recorder’s Workplace.
Among the many developer’s proposals, that are all on websites that the corporate owns by an array of associates:
- A conversion of the Z Lodge at 233 Broadway in downtown Oakland’s Jack London Sq. district to create 102 residential items.
- 124 residences that might be developed on a website at 2310 Ellsworth St. in Berkeley.
- 174 residences deliberate for a property at 3030 Telegraph Ave. in Berkeley.
The current proposal at 3801 Telegraph Ave. in Oakland envisions a seven-story condominium complicated that will sprout on the practically 0.3-acre website.
“The primary ground can have a fitness center, leasing workplace, bundle concierge and 1,849 sq. toes of retail area,” the planning paperwork state.
Seoul Gom Tang, a Korean restaurant, at current occupies the location. The restaurant has evaluation averages of 4 stars or larger on Yelp and Google, with virtually 1,000 evaluations whole.
“Unassuming eatery dishing up a wide range of conventional Korean dishes in an informal setting” is how the restaurant is described on the Google evaluations web site.
The present buildings on the property could be eliminated, in line with town planning paperwork.
The items within the proposed Oakland mission could be a mixture of high-efficiency studios and two-bedroom items, the event proposal states. The residences would vary in measurement from 327 sq. toes to 578 sq. toes.
The potential month-to-month rental ranges weren’t disclosed within the software.
Riaz Capital has proposed an array of facilities for the roof degree of the mission, in line with the planning paperwork.
“The mission can have a standard lounge and terrace on the seventh ground with views in direction of the Bay,” the developer’s proposal states.