The Oak Knoll mixed-use village in East Oakland is advancing with a new development manager after decades of inaction. The project aims to create over 900 homes, shops, restaurants, offices, and open spaces. Located at the former Oak Knoll Naval Hospital site, this development has long been a topic of interest for the community. Freehold Communities, a Boston-based real estate firm, has taken on the project, focusing on land development and selling lots to builders. This new strategy includes immediate permit accessibility once builders purchase lots.
After decades of delays, the development is poised to produce more than 900 homes, along with shops, restaurants, offices, a grocery store and open spaces.
Boston-based real estate firm Freehold Communities wants to change that and has taken on the task to propel the project to its first stages of development.
We are pressing forward with land development and negotiations with merchant builders to sell lots in phases.
When our builders close on individual lots, they should be in position to immediately pull permits.
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