ALAMEDA -- The City Council will consider approving two potential developers to build a portion of the future "Waterfront Town Center" at Alameda Point when it meets Tuesday, a key step that will set the stage for city officials to begin negotiations toward recommending the final candidate.
Brookfield Residential, the sixth largest land developer and homebuilder in North America, and Alameda Point Partners, a partnership of six developers created specifically for Alameda Point, are the finalists for an exclusive negotiating agreement.
They were among nine developers that submitted proposals that met the city's criteria for transforming 68 acres as part of the future town center, where a new ferry terminal, waterfront promenades and paths for walking and cycling are planned.
A team made up of city officials and community members, including realtors, the Chamber of Commerce and the West Alameda Business Association, interviewed four of the developers and in July unanimously selected Brookfield Residential and Alameda Point Partners as the finalists.
Both propose building 800 housing units and about 200,000 square feet of commercial space at the former U.S. Navy base.
If the council approves the two as finalists Tuesday, city officials will begin working on recommending one as the preferred developer, which the City Council will consider approving in November.
The neighborhood that city officials have designated as the town center totals 150 acres around what's known as the Seaplane Lagoon at the former Navy base. Ralph Appezzato Memorial Parkway will provide the main gateway into the area, where a mix of homes, retail and recreational uses are proposed. The council approved an overall plan to guide the redevelopment in July.
Brookfield Residential, one of the two finalists, has extensive experience developing large, complex projects, and its advisory team includes Urban Community Partners and Main Street Properties, which city officials noted helped lease the John Knowles Building at Park Street and Central Avenue.
Brookfield is also behind the mixed-use Playa Vista project on 65 acres in West Los Angeles, which will feature 5,846 homes, 3.3 million square feet of offices and 230,000 square feet of retail, as well as 47 acres of parks.
The other finalist, Alameda Point Partners, includes Madison Marquette and the Thompson Dorfman Partners, which is behind the Riverview project in San Jose. Both firms were involved in the Bay Street redevelopment in Emeryville.
The group also includes SRM Ernst Development Partners, which was involved in building the VF Outdoor campus and the Peet's Coffee & Tea roasting facility at the Harbor Bay Business Park and is working on mixed-use projects in Emeryville and downtown Oakland. SRM's principal, Joe Ernst, lives in Alameda and would be the group's day-to-day project manager.
The other developers in the partnership are the Tableu and the O2-blu development companies and Eden Housing, a local affordable housing developer that has built projects in Hayward, Hercules and Dublin.
Along with issuing a request-for-qualifications in April for redeveloping a portion of the future Waterfront Town Center, the council issued another request for redeveloping an adjacent site that totals 82 acres. City officials are expected to present a list of finalists for that site to the council on Sept. 16.
While the town center site was aimed at developers interested in residential and commercial projects, city officials are gearing the adjacent location toward developers interested in large commercial projects that are considered major sales tax generators, though not "big box" stores."
In all, about 1,400 homes and 5.5 million square feet of commercial and business space is planned for the former Navy base, which closed in 1997.
Reach Peter Hegarty at 510-748-1654 or follow him on Twitter.com/Peter_Hegarty
The Alameda City Council will meet at 7 p.m. Tuesday in the Council Chambers at City Hall, 2263 Santa Clara Ave.