Golden Gate Global Fund 7
Golden Gate Global Fund 7 EB-5 Project was the horizontal development of a mixed-use neighborhood at Brooklyn Basin, Oakland. "Brooklyn Basin is the largest approved, mixed-use master plan in the city. It will be an economic boon to the city and the region. Our history and future is on the waterfront."— Former Oakland Mayor Jean Quan
Project Summary
- Investors: 63
- Amount Raised: $31,500,000
- Job Creation: 843.2
- EB-5 Project Cost: $125M
- Developer Investment: 55%
- EB-5 Investment: 25%
- Size: 64-acres
- Residential Units: 3,100
- Retail and Commercial Space: 200,000 sq. ft.
*All numbers shown above are as of the date of fund closing.
Media Coverage
Developers to kick off work on Brooklyn Basin: Oakland's answer to Mission Bay (SF Business Times)
Brooklyn Basin Deal Gives Oakland a Boost (Wall Street Journal)
Massive Housing Development Put on Fast Track in Oakland (East Bay Express)
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