Yesterday, a reader emailed me to ask if I knew what was going on with the federal property near Crab Cove. Just to remind folks, another reader/commenter tipped me off that the property was going to be surplused by the federal government back in 2008. The intention was to convey the property in 2009 and to be honest, I hadn’t circled back around to figure out if something had happened.
Turns out, nothing has happened, but something will be happening shortly. Just to remind folks, this is where the property is located if you want to map it out, but the government has added this photo to the auction site:
The auction website is here, in case anyone is interested in purchasing the space. It does happen to be in a really prime location. The current zoning for the site is A-P-G which is Administrative Professional with a Government overlay, so essentially anyone that isn’t another government agency that want to use it for office space, will have to get it rezone to the proper usage.
The auction will be an online one, it takes a $50,000 deposit to participate and a $1 million starting price. The auction is scheduled for June 1 of this year. The documentation is very quick to point out that is not the value of the land, but rather the starting bid price. The specs for the property are the it’s nearly 4 acres of “level land” and the current buildings have around 25K sq ft of space between the two existing buildings.
The government will have four opportunities to tour the site, it’s unclear it is open for the general public or not (my guess is no), but the first one is today from 10 – 2 and the next three are scheduled for:
- Tuesday, April 19, 2011
- Thursday, May 5, 2011
- Monday, May 16, 2011
Here are a few photos from the packet of the buildings on the site:
Even as soft as the market is right now, I imagine that this site should get a fair amount of interest. The rezoning for this site, depending on who purchases it and what they intend to do with the site, should make for some interesting discussion moving forward. I’m guessing that if Warmington Homes thinks they can get the property rezoned without a whole lot of fuss, they will definitely be among the bidders.
It seems that the yellow line in the phopto doesn’t include the whole property, appears to leave out the northern portion. Are the Feds selling less than the whole parcel, or am I missing a detail?
Comment by dave — April 13, 2011 @ 6:16 am
I believe they are selling less than the entire portion. Looks like they are keeping everything north of that parking lot. So future buyers will have to consider the impacts of federal government offices as a neighbor as well.
Comment by Lauren Do — April 13, 2011 @ 6:43 am
I hope Suncal buys it!
Comment by E — April 13, 2011 @ 7:51 am
Whoever buys that property will have to significantly improve the site’s vehicular access, especially if the new occupant(s) generate lots of traffic…
Comment by Jon Spangler — April 13, 2011 @ 9:17 am
I saw this the other day on The Patch and found it very interesting. Watching the mayor talk about his city with such passion made me think about how dismal our city and mayor have been over the past years. Is it any wonder why the Point sits in a state of disrepair? Is it any wonder why after 16 years we still can’t work with an outside developer?
Didn’t Anne Marie Gallant say that the Pentagon/Navy wouldn’t work with SunCal? Is there anything that woman said that turned out to be true? Please Mayor Gilmore, let’s bring jobs to Alameda and get things going like they’re doing in Dublin!
http://dublin.patch.com/articles/mayors-report-camp-parks-land-exchange
Comment by Dave L. — April 13, 2011 @ 3:49 pm