It is no secret that the only way for the city to build the necessary new infrastructure at Alameda Point is by selling its property. Nevertheless, city leaders drag their feet, unable to let go of the broken strategy of leasing buildings to startup companies. It does not matter how promising or green a business is. Leasing will never pay for infrastructure.
Yet Building 11, a valuable hangar that sits at a key intersection for surrounding infrastructure upgrades, has been listed for lease rather than for sale. It is indicative of the city’s lackadaisical approach for redeveloping Alameda Point.
Continue reading “Alameda Point economic development is stuck in the past”
Alameda Point Environmental Report 