For nearly seven years, an Oakland developer has been trying to raise enough money to launch a 360-unit project near Lake Merritt on city-owned land. On Tuesday, the city council voted against granting the developer a sixth extension to get the two-building project off the ground.
If council had approved the project, it would have brought affordable housing and tax revenue to the town, but officials were frustrated that the key piece of land sat empty for six years, until a council member council opens a small temporary village. for the homeless there.
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