Our commitment to build affordable housing goes beyond the standard practice. Not only are we building housing for rent at affordable rates based on actual income, including government-subsidized income, not Area Median Income, but also we are offering beautiful, green housing not typical of so-called affordable housing developments, with amenities often reserved for luxury housing. Our development at Seventh and Campbell Streets features access for tenants to our Fitness Center, grocery store, blues and barbecue remix restaurant, shuttle service to the nearby BART station and other local stops, our roof top urban garden business, and provides solar and wind turbine energy sources, open spaces and community spaces, bike racks and electric car charging stations. And, we will not deny housing to formally incarcerated people or people with limited credit ratings. In the end, it is our goal to create a cooperatively-owned housing complex.
7th & Campbell
When the City of Oakland, CA assumed ownership of the 7th & Campbell property in November 2013, it had no plan for development and no money to develop the Property. Oakland & the World Enterprises, Inc. entered into an Exclusive Negotiating Agreement with the City to develop the Property in November 2014. With the consultation of urban planners and our Advisory Board, OAW constructed a multi-phased plan for development. A plan that prioritized the needs of the historic community of West Oakland and green architectural design and construction.
The first phase which is in progress now, is the West Oakland Farm. We have invested some of the funding received from Alameda County in November 2014 to turn this blighted space into a green, productive space only months after acquisition. The first phase is also projected to include the Tech Design and Support business, via transformation of the existing, dilapidated building on the Property into a center for both training our target population and providing direct support to small, medium and large Oakland businesses.
Later phases will include the Cooperative Housing component, Fitness Center, Grocery Store, Blues & BBQ Remix restaurant and entertainment venue and a Technology Center with on-demand manufacturing operations. Some of the businesses might be temporarily developed in container-based structures on the property.
Oakland & the World Enterprises is rehabilitating this 100% affordable senior housing complex.