Project Update: Developer Recommendation to be Reviewed by Board on September 13
On September 13, the BART Board will consider staff's recommendation to select the developer team comprised of the East Bay Asian Local Development Corporation (EBALDC) and Strada Investment Group, to advance transit-oriented development at the Lake Merritt station. Further materials can be accessed via the following links:
The development program reflected in the staff presentation is conceptual only, based on EBALDC/Strada's proposal to BART. It is subject to change based on the collective feedback of EBALDC/Strada, BART, the City of Oakland, the community and other stakeholders. If the Board approves the staff recommendation, BART will enter into an exclusive negotiating agreement for a period of 24 months with the EBALDC/Strada team. During this time BART and the developer will collaborate to engage the community to review and refine the conceptual proposal, with the ultimate goal of agreeing upon a development program and deal terms, and securing entitlements from the City of Oakland via their review process.
BART is seeking a developer or developer team to complete a mixed-use, mixed-income high rise development on two BART owned parcels adjacent to the Lake Merritt BART Station.
On May 25, 2018 BART invited four teams to respond to the Request for Proposals (RFP), from the eight teams that originally submitted a statement of qualifications in spring 2018. These teams are led by:
- East Bay Asian Local Development Corporation / Strada Investment Group
- Hines Interest Limited Partnership
- Lane Partners
- McGrath Properties, Inc. / Brookfield Residential
The teams submitted proposals August 5. An evaluation committee comprised of BART staff, City staff, and community and regional stakeholders reviewed the proposals, interviewed the four teams, and selected a first and second ranked choice based on criteria published in the RFP. BART staff will recommend on September 13 that the Board authorize BART to execute an exclusive negotiating agreement (ENA) with the top ranked developer team.
Request for Proposals (RFP) Documents
The RFP has been issued only to the aforementioned teams. The RFP can be downloaded for informational purposes.
Request for Qualifications (RFQ) Documents
The original RFQ was due in April 2018. The RFQ documents are provided below for reference.
Download the Lake Merritt TOD Request for Qualifications (PDF - 1.5 MB)
The two blocks offered in this request for qualifications are depicted in the image below. BART is also designing a new plaza and transit operations facility on the plaza block immediately above the Lake Merritt station. More information on this project can be found at www.bart.gov/LakeMerritt.
Prior to releasing the RFQ, BART hosted three stakeholder meetings to inform and refine the goals and objectives for the project, which are guided by existing documents including BART TOD policies and guidelines and the Lake Merritt Station Area Specific Plan. Information on the meetings, including stakeholer feedback is provided below.
Stakeholder Meeting #1
Presentations from the December 11th Stakeholder Committee Meeting, can be found below:
Stakeholder Meeting #2
Materials from the January 29, 2018 Stakeholder Committee Meeting can be found below:
Stakeholder Meeting #3
Materials from the Febrary 22, 2018 Stakeholder Committee Meeting can be found below:
Stakeholder Comment Letters
Sign Up for Updates
For specific inquiries regarding transit-oriented development at Lake Merritt BART Station, please email hlindel (at) bart (dot) gov or ymccoy (at) bart (dot) gov. You may also sign up for email updates from the Real Estate and Property Development Department, by registering for general BART emails and selecting "Transit-Oriented Development Projects."