Cityview, a multifamily investment management and development firm, unveiled the name of its 378-unit Opportunity Zone project in Oakland as Portico. Slated to complete this month, the project is designed to meet LEED Silver standards and is located in Brooklyn Basin’s master-planned community.
The eight-story project will feature a mix of studio, one-, two- and three-bedroom apartments as well as townhomes, with more than 80% of the units overlooking the water.
“Featuring a prime waterfront location in the fast-growing Brooklyn Basin community, Portico will offer extensive amenities and easy access to everything the area has to offer,” said Sean Burton, CEO of Cityview. “We are proud to have leveraged our vertically integrated platform and extensive experience developing in Opportunity Zones to bring nearly 400 units of additional housing to the Bay Area.”
Cityview partnered with general contractors James E. Roberts Obayashi and Webcor, architecture firm AC Martin and interior design firm Nadia Geller Designs on the project, located at 37 8th Ave.