Location

Oakland, CA

Est. Project Cost

$37.0 million

Public Financing

New Markets Tax Credit, Historic Tax Credit, City

Private Financing

Bank Financing

Type

Retail

Size

56,528 SF

Sponsor

Bonds Companies, Oakland LLC

Closing Date

2006

Historic Redevelopment and Adaptive Re-use

Redevelopment of the historic Cox Cadillac dealership into Oakland’s first Whole Foods Supermarket. The subsidy helped provide an attractive tenant improvement package for Whole Foods to make the project feasible.

Estimated Economic and Social Impact

Over 100 jobs and 300 construction jobs. Provide Fresh food options.