OPPORTUNITIES IN REAL ESTATE DEVELOPMENT
Sunfield Development, LLC is a California Limited Liability Company formed with the primary objective of creating quarterly income and capital appreciation for our LLC members. Member-owned and operated, the management team combines over a century's worth of experience in asset acquisitions, entitlements, site development, architecture, property rehabilitation, management, new construction, financing, sales, marketing and accounting.
Oakland has turned entertainment into a growing piece of its economy. The city is becoming an increasingly happening entertainment center, replete with live music venues, hip resturants, lively bars and clubs, and maybe soon a booling alley. The city is working with developer Sid Afshar and others to brand the Uptown neighborhood around the refurbished Fox Theater as Oakland's arts and entertainment district.
While most of the current entertainment options revolve around food and drink, current development plans call for more diverse kinds of entertainment. The largest of those ideas that is actually on its way to being realized is the so-called Fox Block Project planned by Afshar's Sunfield Development. Sunfield has an exclusive negotiating right with the city for the lot behind the Fox Theater. There Wyder plans to develop three stories and 110,000 square feet of retail and entertainment space topped by 301-car parking lot.
San Francisco Chronicle
East Oakland may get shopping
center at last, at a cost
A blighted pocket of East Oakland
may finallyget the shopping center
it was promised in 2010,but it could cost a total of $14 million in federal tax credits.
That’s because, according to developer Sid Afshar, it’s no easy feat to persuade a business to open shop in a perceived crime zone. Starbucks and Chipotle turned Afshar down, he says, but Walgreens considered moving into the planned development at Foothill Boulevard and Seminary Avenue, an area long inhabited by drug users, more...
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