News and Events

EBALDC's 30th Birthday Celebration Open House Schedule

MARCH 16, 2005
4:00 - 6:00 p.m.
Swan's Marketplace (2000)

Swan's Marketplace opened in 1917, and was the premier market in downtown Oakland. After the store closed in 1983, the site stood vacant and became a blight on the neighborhood. EBALDC's award-winning redevelopment of the historic Swan's Market provided housing with affordable rent and ownership opportunities atop a variety of businesses. Those businesses include restaurants, art galleries, a museum, as well as meat, fish and produce markets. The outdoor courtyard is open to the public for events and performances benefiting the downtown Oakland community. Awards for design and historic preservation include the Rudy Bruner Silver Medal Award for Excellence in Urban Design and recognition from the California Historic Preservation Foundation.

APRIL 20, 2005
4:30 p.m. - 6:30 p.m.
Madison Park Apartments (1995)


Listed on the National Register of Historic Places, and originally constructed in 1908, when completed Madison Park Apartments became the largest wooden structure west of the Mississippi. The building is also significant to Oakland because it is one of the few remaining large structures from the early 1900's available for housing. In 1990 BART purchased the building with the intention of demolishing it and building office space. With overwhelming support from historic preservationists, Oakland housing organizations and community members, EBALDC was able to buy and renew the building as low and moderate income housing. The 98-unit complex is fully subsidized through the Section 8 Moderate Rehabilitation Program requiring residents to pay no more than 30% of their income on rent. Nominated for the Maxwell Awards of Excellence from Fannie Mae and won the preservation Design Award from the California Preservation Foundation.

MAY 11, 2005
4:00 - 6:00 p.m.
Noble Towers (2004)

In February of 2003, The Related Companies of California, a for profit affordable housing developer, approached EBALDC to partner with them in the acquisition of the Noble Towers, a 17 story 195-unit building that dates back to1980 when it was constructed as an affordable housing development for seniors. EBALDC saw the opportunity to preserve the long-term affordability of the development for senior citizens, most of which are recipients of Section 8 housing vouchers. Per the requirements of the financing agreement, EBALDC completed rehabilitation of the property in October of 2004. Construction and rehabilitation included relocating a stairwell from the first to second floor, remodeling apartment kitchens and remodeling the common areas, such as the exercise room, computer room, and laundry room. The property is managed by The Related Companies of California.

JULY 20, 2005
5:00 p.m. - 7:00 p.m.
Preservation Park (2005)

Preservation Park is a unique collection of 16 Victorian homes in the heart of Oakland's downtown redevelopment area. The park acts as a "think tank" community for organizations that work to develop solutions to such urban challenges as health care, education and cultural participation. When the Oakland Redevelopment Agency announced that they would like to sell Preservation Park, a for-profit developer made an offer that would have allowed substantial hikes in lease rates. At the urgent request of the tenants of Preservation Park, EBALDC purchased the property to preserve it as an asset for use by nonprofit organizations and other community users.

AUGUST 17, 2005
4:30 p.m. - 6:30 p.m.
Hismen Hin-Nu (Sun Gate) Terrace (1995)

The 92 townhouses and apartment flats were built over a Head Start day care center, a convenience market, a police community relations office, and a 7,000 indoor market for clothing and other household needs. The building's award winning design which incorporates specially commissioned artwork has often been mistaken for a condominium development. Hismen Hin-nu came to fruition through a joint-venture between East Bay Asian Local Development Corporation (EBALDC) and a second nonprofit organization located, San Antonio Community Development Corporation (SACDC), located several blocks from the site. The name, Hismen Hin-nu, means Sun Gate in the language of the Muwekma Ohlone Indians who first lived in what we today call the San Antonio district. The name not only recognizes the history of the area, but also celebrates the ethnic and cultural diversity of all those who have settled in the community.

SEPTEMBER 21, 2005
4:30 p.m. - 6:30 p.m.
Avalon Senior Housing (2001)

Located across the street from Emeryville's Bay Bridge Center, the Avalon is a joint venture with Catellus Development Corporation. The 67 senior apartments are a mix of studios, one and two bedroom apartments and has neighborhood serving retail uses on the ground floor. Property and Asset Management are provided by EBALDC.

FALL 2005
DATE & TIME: TBD
Asian Resource Center (1981)

EBALDC was created around the dream of buying and preserving a beautiful but deteriorated warehouse in Oakland's Chinatown. That warehouse became the Asian Resource Center; a multi-service center to house social services and businesses. Tenants benefit by receiving discounted rents and a share of surplus revenue. The Asian Resource center is home to EBALDC, various nonprofit agencies, retail businesses, medical facilities, government offices, and the Asian Resource Art Gallery. The Asian Resource Art Gallery is located in the lobby and is operated by EBALDC staff with the purpose of highlighting local artists and to promote cross-cultural exchange through art, culture and educational projects.

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