3883 Turquoise Way, Oakland, CA: In 2015, McGrath Properties partnered with Boston Properties to entitle a 24-story, residential tower across from the MacArthur BART station. The completed tower will house 402 residential apartments, including market rate and affordable units, 260 parking spaces and 13,000 square feet of ground floor retail.
Prior to the partnership with Boston Properties, McGrath was partnered with Bridge Housing in the approval of 875 housing units (20% affordable) in 5 buildings, roughly 40,000 square feet of retail space and 450 BART parking spaces in a 6-story garage. The original site, plus some neighboring properties, totaled 7.75 acres, which was divided into 5 parcels. This project neighbors the 24-story high-rise.
The development process included more than 100 public and community meetings and presentations, remediation of site contamination, design and construction of the horizontal infrastructure and subsequent vertical construction. We are proud to announce Skylyne at Temescal is expected to start leasing in 2020.