Deepak Louis, Home Buyer in Alameda, CA

What are the specfic developments going on past the bart station in Union City?

Asked by Deepak Louis, Alameda, CA Mon Aug 6, 2007

How will the neighborhood nearby be a transit community and will they experience a increase or a decrease in property value?

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Union City is pretty much tapped out on building. The hills have a moritorium on building. The values will not decrease due to the transit, I see them retaining value or increasing. I would be glad to go over the master plan in Union City with you.
Web Reference: http://pamwinterbauer.com
2 votes Thank Flag Link Tue Aug 7, 2007
Pam Winterba…, Real Estate Pro in San Ramon, CA
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Don't you agents and brokers think that with all that development, new homes, apartments, etc, around BART, that will make traffic even worse and reduce the property values of those folks in Union City living along Mission south of Decoto? IF you ask me, usually the more apts, and condos you add to an area, the worse the living conditions.
0 votes Thank Flag Link Sat May 2, 2009
Deepak Louis

The Intermodal Station District ;
This district is going to be the very heart of Union City’s economic future, it’s going to be a visionary project that provides the city with an opportunity that is unique to the Bay Area.

A Walkable Community ;
The City’s plan will provide a variety of mixed town homes, condominium flats and two residential towers planned to be 16 stories high.

A New Town Center;
This public plaza will feature a fountain, terraced seating, and public art. Either a library or a fine arts pavilion is planned for the plaza.

New Housing;
Avlon Bay will construct 438 Apartments on the former Litke property, KB Homes has constructed 216 Townhouses on the former Pacific States Steel Corp. old site and Barry Swenson Builders is planning to build up to 1,154 housing units, 61,500 sq. ft. retail ready space fronting on 11th street and 12,500 sq. ft. of commercial space. Research and development opportunities will be available on the Shelton property, PSSC, and the former PG&E pipe yard as well.

Given it’s excellent geographic location and with the new changes underway this is going to be the place to live in the S.F. Bay Area. It seems to me that the vision of the city officials and Planning Commission are heading in the right direction. Finally Union City residents can live, work and shop in their own city and not spend tax dollars improving others. And I am hopeful that with all of these improvements to the new “DownTown”residential property values will rise as well.

It may not be Pleasanton, Danville or Alamo but when the full vision is completed Union City may just become the kind of city to live and shop in that residents like myself have been waiting for and perhaps those families wanting to travel to the South peninsula via the new Dumbarton Rail might just stop and spend their tax dollars here for a change.

This entry was posted on Tuesday, November 27th, 2007 at 8:57 pm and is filed under Around Town, Community, Local Knowledge, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Please follow the link to read my full blog about Union city

John Petrocelli
REALTOR, CRS
Windermere Properties of the East Bay
toll free 888-750-3797
0 votes Thank Flag Link Sun Jun 8, 2008
Thanks for the link, it was sure useful. But if you look at block 6-A and block 6, it looks like there is the Bart rail parking lot now being built ans used. Do you think this is an interim solution for parking and the aerial view of the illustration will be built later. I do agree that it is fantastic to see the illustration and first time buyers should look into transit communities as the population is fast growing.
0 votes Thank Flag Link Mon Aug 13, 2007
From what I've read on Union City's website (the link is provided below if you'd like to read yourself), one of the redevelopment projects the city is undertaking is the expansion of residential, retail, and office spaces near the BART. This is fantastic and many cities are undergoing the same type of developments including Oakland and Hayward. From my past studies, these types of communities are what is really needed to encourage the use of public transportation and making our society a greener community. All of these developments are still underway including 400+ residential condos near the BART station.

Having convenient transportation nearby has always been a plus for most homebuyers as long as it doesn't affect their everyday lifestyle. I am sure that the new developments right near the BART will have all the essential equipment to deal with the BART noise including double paned windows, more insulation, etc. when building the homes. I am not a Realtor so I can't tell you the hard facts about how transit hubs have affected the property values of the nearby area but from personal observations, I have noticed that the neighborhoods near BART stations have generally been on the run-down side. Recent developments near transit hubs have greatly improved the community and increased property values but I am not sure if it is due to the fact that the residential developments are new or if it is because it brings in new, affordable housing into the area, but from what I've seen property values have increased. I hope other Realtors in this forum can provide you with more statistical and factual information regarding the property effect of the transit hubs. But check out the link below, it goes over some other citywide redevelopment projects Union City is undertaking, always interesting!
0 votes Thank Flag Link Wed Aug 8, 2007
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