Poll Indicates Oakland Residents Favor Growth in Tech Sector and Faster Development

closeup_aerial_view_of_downtown_oakland_and_lakeside_parkAs published in the San Franciso Business Times, a recent poll the reveals many Oakland Residents favor encouraging bringing more of the Tech Sector businesses to Oakland to help simulate the local economy and to promote more development.

The poll was completed by the Oakland Metropolitan Chamber of Commerce. They polled 600 likely voters to gather their opinion on development in Oakland. Granted this is a pretty small sub-set of Oakland residents (it’s a pretty big city!), but is helps to give at least an overall feel of how some residents feel in Oakland.

Oakland is definitely having some growing pains as well. Developers have indicated that constructions costs are too high and rent too low. Despite this there have been several New Projects in Oakland approved in the last couple of years. There are some hurdles to further development as well. Four of the proposed housing projects have been appealed by local community group and labor unions. A tower at MacArthur BART stations is being opposed by neighbors who say it is too tall.

Not only is there a lack of housing, there is a lack of available office space. The office rental occupancy rate is less than 5% in Oakland.

A lot of give and take will be needed by developers, the City and its residents as Oakland becomes more popular. More housing is definitely needed to meet the growing demand, and having businesses establish themselves here helps to provide a larger economic engine for the city. Time will tell how this all works out.

About lcartolano

Hello! I am a Real Estate consultant working and living in the California East Bay (Oakland, Alameda, Piedmont, Berkeley area) with my husband and two young boys. I am a transplant from New Jersey and have been living on the West Coast for the last 17 years. I became a Real Estate Consultant because I enjoy working with people, and helping clients find the homes of their dreams, or reap the benefits of their investment in Bay Area real estate. It’s important to me to listen to your needs, provide the highest level of service and follow through on what needs to be done to and help you achieve your real estate goals. e-PRO Certified As more and more consumers begin their search for real estate-related information on the Internet, it is critical that real estate professionals are well educated in the use of technology to the benefit of both the consumer and the agent and/or broker. Realizing the importance of technology training, the National Association of REALTORS® (NAR) now offers its members the e-PRO certification course -- the only technology certification program offered by NAR. The program is designed to prepare real estate professionals to make the most of Internet technology and to identify, evaluate, and implement new Internet business models. The elite group of course graduates represents only one percent of all REALTORS in the country including Lisa Cartolano of Alain Pinel Realtors. QSC Certified QSC (Quality Service Certification) is a new training program for real estate professionals. It requires agents to follow specific procedures and introduces standards of practice for the benefit of the consumer. When consumers spend significant dollars for a service, they expect consistency, reliability, accountability and responsiveness from that professional service provider. Until now, the absence of service standards in the real estate industry contributed to the inconsistency of satisfaction and value experiences by the home seller and home buyer. Thus the Quality Service Certification program was created to offer greater value to the home buyer and home seller by providing consistent, reliable, accountable and responsive service for every real estate transaction. this service is provided by a Quality Service Certified real estate practitioner. Alain Pinel Realtors is proud to announce its association with Lisa Cartolano. An integral part of Alain Pinel Realtor´s dedication to excellence is the collaboration of high caliber professionals. Lisa Cartolano certainly fits that profile. Lisa brings to APR a wealth of skill, experience and professionalism, and joins a group of distinguished real estate professionals who are all part of the most sophisticated and technologically advanced marketing firm specializing in distinctive properties and estates. Alain Pinel Realtors is dedicated to excellence and our association with Lisa Cartolano is a bright example.
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