Rent Increase Survey

Have you submitted your latest rent increase data to the rent increase survey?

First Navy Base Building Sold for Adaptive Re-use

Building 91 at Alameda Point before the sale and makeover. (Courtesy Photo)

In a victory for adaptive re-use advocates, the City of Alameda announced last week that it has successfully sold the first property for private development at Alameda Point, the former Naval Air Station Alameda.

Building 91, a 50,000 square-foot building on a 2.2-acre parcel on W Tower Avenue, was constructed in 1944 and has been renovated to support a new malt house, Admiral Maltings, and brewery, Almanac Beer Company.

City officials say the proceeds from the sale will be invested in infrastructure upgrades at Alameda Point.

Admiral Maltings, co-founded by ThirstyBear Organic Brewing’s Ron Silberstein and Magnolia Brewing Company owner Dave McLean, will produce premium malts for craft brewers and distillers at a floor malting facility that is currently under construction.

Malt is the grain used to brew beer but until now has not been a specialty product. Admiral Malting claims it is the first micro-maltster in California. When complete, the malting facility will also include a tasting room called The Rake, featuring beers that use their malts.

Almanac Beer Company, founded in 2010 by Jesse Friedman and Damian Fagan and currently located in San Francisco, produces craft beers with a barrel aging and farm-to table brewing approach.

In the next year, the warehouse will include an outdoor seating area and patio. Both businesses are anticipated to open later this fall.

Building 91 interior before renovation. (Courtesy Photo)

Alameda point beer company

Building 91 interior after renovation. (Courtesy Photo)

Following the closure of Naval Air Station Alameda in 1997, the United States Navy in has transferred over 500 acres of property at Alameda Point to the City of Alameda.

The City of Alameda has formed a partnership with a developer, Alameda Point Partners, to develop 68 acres of land at the gateway to Alameda Point, including 800 housing units, 600,000 square feet of commercial space, and close to 15 acres of parks.

Comments are closed.