Deed Restricted Moderate Income Homes Proposed for Vacant Site on Webster Street

A three-story mixed-use retail building with nine homes, including two for moderate-income families, is planned for a vacant Webster Street parcel.

The parcel, at the corner of Webster Street and Taylor Avenue, was once used for the twice-weekly farmers market.

Now, Dannan Development, of Oakland, is bringing before the planning board a proposal for a building comprised of 4,700 square feet of retail space, and nine condominium units with a total floor area of 13,472 square feet, two of which will be deed restricted for moderate-income families. (“Moderate-income” is defined relative to the median income for Alameda.)

Dannan is availing itself of the state-mandated density bonus, which permits two additional market rate units, for a total of nine, in return for providing the two moderate-income units.

According to the staff report to the planning board, the nine units would include:

• Two deed restricted moderate-income, approximately 1,100 square foot, two-bedroom, two-bath units.
• Six market-rate, 1,100 to 1,350 square foot, two-bedroom, two-bath flats.
• One market-rate, 1,925 square foot, two-story, three-bedroom, two-bath flat.

The project includes 18 off-street parking spaces behind the building, and an additional on-street parking space would be created, for a total eight in front of the new building.

Further, the developer promises to provide 20 annual transit passes to be distributed to employees in the ground-floor retail space or to residents.

The proposal is subject to a public hearing at the February 22nd planning board meeting.