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Event
July 2016 LAI Luncheon
Oakland has seen significant development and economic growth in the past couple of years and that seems poised to continue. Several major new real estate projects are in the works and several large deals have been inked recently. With great transit access, a vibrant cultural scene, and plentiful housing, Oakland certainly has many of the ingredients of a city on the rise. Yet Oakland has sometimes struggled to capitalize on development opportunities in the past. What is driving the recent growth? How long can it continue? What are the City of Oakland's development and investment priorities? Come hear our three Oakland experts answer these and other questions.
Join us for a presentation and discussion with three of the real estate leaders helping to shape development in Oakland today - Kelley Kahn, Seth Hamalian, and Bill Cumbelich.
SPEAKER BIOGRAPHIES
KELLEY KAHN
Special Projects Director for the Office of the Department of Economic Development
City of Oakland
Kelley Kahn is a city planner currently working at the nexus of planning, real estate, and the arts. She serves as the Special Projects Director for the Office of the Department of Economic Development at the City of Oakland, where she oversees a portfolio of real estate, economic development, cultural arts and marketing initiatives. Most recently, she coordinated Mayor Libby Schaaf's multi-disciplinary task force to identify strategies to create affordable workspaces and housing for artists and arts organizations in Oakland. Prior to her position in Oakland, she served as a Project Director in the San Francisco Mayor's Office of Economic and Workforce Development, overseeing major public/private partnerships including the redevelopment of San Francisco's 65-acre Pier 70 into a new mixed-use, urban waterfront. Ms. Kahn also served as a Senior Project Manager at the San Francisco Redevelopment Agency, where she led the Mission Bay redevelopment project, a 300-acre public/private partnership that changed Mission Bay from a vacant rail yard into a mix of affordable and market rate housing, new public open spaces, public art, and a thriving biotechnology cluster.
SETH HAMALIAN
Managing Principal, District Development, LLC
Seth Hamalian is the managing principal of District Development, LLC (parent company of Mission Bay Development Group). District has entitled and/or master developed 1,167 acres of infill land, sold $700 million in land, managed the construction of $442 million of public and private infrastructure and the issuance of $738 million of public financing (tax increment and special assessment), all in the support of developing 10,700 residential units and 15.2 million square feet of commercial space.
Districts active projects range from the massive 303 acre mixed use redevelopment of a former rail yard at Mission Bay in San Francisco to a one acre residential tower site on top of the 19th Street BART transit station in Oakland.
Seth attended the University of Pennsylvanias where, as part of their dual degree program, he received a bachelor of science in economics, with concentrations in real estate and finance, from the Wharton School, and a bachelor of arts from the college of arts and science in urban studies, and was elected to Phi Beta Kappa.
BILL CUMBELICH
Executive Vice President
CBRE
Bill Cumbelich is an Executive Vice President at CBRE. His experience includes over 35 years of office building brokerage experience in Oakland and San Francisco. Bill has completed a wide range of project leasing, tenant representation and investment sales assignments including many of the Bay Area's most challenging and significant transactions and projects.
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LocationOne Market Restaurant (View)
1 Market Street
San Francisco, CA 94105
United States
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