Brooklyn Basin of Oakland Phase 2
TEA EB-5 Project approved by USCIS

Only 15 minutes from downtown San Francisco, Brooklyn Basin is a new waterfront neighborhood in Oakland, CA surrounded by open space and stunning views of San Francisco Bay and the East Bay hills. In addition to a vast network of parks, an inspired blend of cultural, commercial, and recreational activities enhance Brooklyn Basin’s appeal as a Bay Area destination. Brooklyn Basin is a phased, master-planned development comprised of 12 development parcels and additional right-of-way and open space parcels totaling approximately 64 acres of waterfront property bounded by Embarcadero Road and the Oakland Estuary. Upon completion, Brooklyn Basin will encompass 3,100 residential units, 200,000 square feet of ground floor retail and commercial space, 32 acres of waterfront parks, 1.4 miles of trail, and a new marina.

The EB-5 Project consists of multifamily developments on parcel G (“Project G”) and parcel H (“Project H”) within the Brooklyn Basin community. The Project represents Signature Development Group’s second and third multifamily developments in Brooklyn Basin following the Orion which included 241 apartment units and was completed in August 2019.

Project is Under Construction

The Brooklyn Basin of Oakland Phase 2 continues to make steady progress, with construction advancing on Project H. Major site preparation activities, structural work, and utility installations are underway. Horizontal construction, which began in Q4 2024, is now nearing completion, while vertical construction, initiated in Q4 2025, is currently in an active phase.

The building under Project G received its certificate of occupancy in October 2023. Leasing activities have been underway since Q4 2023, and the property is currently 83% leased.