Thu, Nov 5, 2026

Lake Merritt BART: EBALDC Proposes 112 Affordable Units

The East Bay Asian Local Development Corporation proposes One Fallon, an 85-foot building on 9th Street, in place of the master plan's earlier 28-story Block One tower.

112proposed units
85 ftheight
360earlier units

East Bay Asian Local Development Corporation (EBALDC) has filed updated plans for the second half of Block One at the Lake Merritt BART redevelopment in downtown Oakland, trading a 28-story, mostly market-rate tower for an all-affordable, eight-story building named One Fallon. The plans are proposed and pending, with no approval reported.

Why it matters

This is a developer reversing course on the master plan’s anchor parcel. The earlier Block One plan was a 28-story tower with 360 apartments, of which 36 were deed-restricted. The new proposal, by EBALDC and master plan partner Strada Investment Group, drops that tower for 112 units on a 0.44-acre lot along 9th Street between Oak and Fallon streets.

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The numbers

Per San Francisco YIMBY’s reading of the application, One Fallon is 85 feet tall with about 132,200 square feet, including 7,620 square feet of ground-floor retail. Of the 112 units, 62 are proposed for very low-income households, 49 for low-income households, and one is a manager’s unit. The mix is 12 studios, 43 one-bedrooms, 27 two-bedrooms and 30 three-bedrooms, with 17 car spaces and 60 bike spaces.

Our comparison: total units fall 69%, yet deed-restricted homes rise from 36 to 111, about 3.1 times. The application cites Assembly Bill 2011, Senate Bill 330 and the State Density Bonus law, and the proposed 112 units sit under the site’s base density of 176 units. Solomon Cordwell Buenz is the architect. We could not locate the city case file, so unit figures rest on the outlet’s account.

What’s next

The updated plans await Oakland city review, and no cost or schedule has been shared. The first master plan building, a senior housing project, is nearing completion, per the same outlet. The Planning Commission approved the master plan’s preliminary development plan in 2021. Track more regional activity on the San Francisco market hub.

Quick answers

What is the latest on Lake Merritt BART One Fallon?
EBALDC filed updated plans for One Fallon at Lake Merritt BART in Oakland: eight stories, 112 affordable units, replacing a 28-story, 360-unit tower.
Who is developing Lake Merritt BART One Fallon?
EBALDC and Strada Investment Group, according to San Francisco YIMBY.
What are the key numbers for Lake Merritt BART One Fallon?
proposed units: 112; height: 85 ft; earlier units: 360.

On the record

We compared the earlier Block One plan (360 units, 36 deed-restricted) with the new proposal (112 units, 111 deed-restricted): total units fall 69% while affordable units rise from 36 to 111, about 3.1 times

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