Chinese Investors to Build Billion and a Half Dollar Project Near Oakland’s Jack London Square


OAKLAND (KRON) — Chinese investors are behind a newly announced plan to develop the Oakland Waterfront near Jack London Square. Governor Jerry Brown unveiled the $1.5 billion Chinese investment during his current visit to the Far East.

China-based Zarson Holidings Group is behind the plan. Governor Brown says the development will create 10,000 jobs in Oakland. Artist and computer renderings of the project suggest the project will include high-rise residential units, 3,100 new apartments and condos in all located next to a Marina. The plan also includes 200,000 square feet of commercial and retail space.

The plans also include 30 acres of parks and open space areas with walkways for pedestrians and bicyclists.

It’s unclear when the Brooklyn Basin project will begin construction or be open for business.

(Copyright 2013, KRON 4, All rights reserved.)

4 thoughts on “Chinese Investors to Build Billion and a Half Dollar Project Near Oakland’s Jack London Square

  1. Its nice to know 10k jobs will be created. But at the expense of millions of dollars going to China? This is a very poor long-term decision.

  2. Per usual, Oakland mayor Quan in effect said she made the deal happen.

    I am so glad she gets up early every day to make sure the sun rises.

  3. The ruling & taking over the U.S. begins when other countries develop our land for Americans to pay them and not what should be: Americans developing & creating for Americans. Support & speak up about what you don’t like in our community and education system. It’s one of the many first steps in investing in our American future.

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