Finance Institutional Investment
Design Approval Moves $150M Oakland Office Building Forward
April 25, 2008
By: Barbra Murray, Contributing Editor

SKS Investments takes the next step toward developing a $150 million office property at 1100 Broadway in Oakland with the Oakland Planning Commission's hands down approval of the design for the 320,000-square-foot green building.

KMD Architects is behind the design of the 20-story structure that will carry the distinction of being one of the first new high-rises in the city's office market within the last five years. The property will incorporate the adjacent 96-year-old Key System Headquarters building, which is listed on the National Register of Historic Places.

Additionally, SKS will seek LEED-Gold certification for 1100 Broadway; and if attained, the building will become the highest LEED-rated high-rise office structure in the East Bay area. KMD, based in San Francisco, is known around the globe for its successes in sustainable.

SKS, based in San Francisco, is a commercial real estate developer, investor and manager, focusing on the Northern California market. The company has developed or repositioned a total of approximately 1.5 million square feet of office space and 380 residential units.

 
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