Brooklyn Basin
Due Diligence
Brooklyn Basin
Sep 03, 2020

Brooklyn Basin

San Francisco, California

This EB-5 project involves the transformation of the approximately 65-acre Brooklyn Basin site, situated along the Oakland Estuary and Embarcadero, just southeast of Jack London Square, within the City of Oakland’s San Antonio/Fruitvale/Lower Hills Planning Area. Brooklyn Basin was subdivided into five development sites (Phase I, Phase IA, Phase II, Phase III, and Phase IV). Upon completing all five sites, the development included approximately 3,100 dwelling units, comprising a mix of apartments, townhomes, and lofts. Additionally, around 200,000 square feet of ground floor retail and commercial space were integrated throughout the sites, designed to offer a diverse range of active retail, restaurant, service, and small office uses to support the new residential neighborhood.

Total EB5 Raise$31,500,000
Area Invested InHigh Unemployment