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Developer Scales Back Plans for Oakland’s Tallest Tower With Pivot to Multifamily

Pinnacle Red Development Group Drops Office Use From East Bay High-Rise Project
Pinnacle Red has updated its plans for the 1261 Harrison St. project in Oakland, California, to include 207 multifamily units instead of the initially proposed 185 units. (Pinnacle)
Pinnacle Red has updated its plans for the 1261 Harrison St. project in Oakland, California, to include 207 multifamily units instead of the initially proposed 185 units. (Pinnacle)
CoStar News
October 14, 2021 | 10:20 P.M.

The developer behind a long-awaited Oakland, California, high rise is ditching dreams of constructing the city's tallest tower, instead pursuing downsized plans that scraps offices in a reflection of demands from the city and changing fortunes of multifamily and workspaces in the pandemic.

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News | Developer Scales Back Plans for Oakland’s Tallest Tower With Pivot to Multifamily