hangars – Alameda Point Environmental Report

City may shift its approach to economic development at Alameda Point

After years of the current city policy not producing the desired pace of building new infrastructure at Alameda Point, the city may change its focus from leasing to selling property.

On January 20, 2026, the City Council will hold a public workshop to discuss plans to boost property sales at Alameda Point that will, in turn, fund new infrastructure in the Adaptive Reuse Area. So far, there have been only five buildings sold in this area generating approximately $31 million, which has already been spent on upgrading some street infrastructure. Meanwhile, the total cost for new infrastructure — streets, utilities, parks, levees, stormwater basins — for all of Alameda Point has jumped from $700 million in 2020 to $840 million in 2025, according to the workshop staff report.

City Revisits Leasing vs. Selling Strategy for Alameda Point

During its regular meeting on Tuesday, March 7, City Council will hold a work session to discuss the pros and cons of leasing versus selling buildings at Alameda Point in the area designated for repurposing old buildings for reuse.

The designated Reuse Area is a large swath of real estate extending from the aircraft hangars to Main Street near the ferry terminal. The work session was spawned by the Council expressing concern that it had no policy guidance upon which to make decisions on whether to lease a building or sell it.