The Key The Key Brochure (May 2019) - Page 25

exciting city in the United States. With authentically Since the Fox opened, over 200 ground-floor Oakland projects positively impacting the economy storefronts opened within the core downtown area. and community (such as The Hive redevelopment, With more than 9,400 residential units currently the restoration of the Fox Theater, and the creation proposed or being developed in Downtown Oakland, of the event First Friday), Oakland has capitalized on the surge in demand has caused apartment rents and its rich cultural roots, vibrant art scene, and diversity. housing prices to spike, gaining national recognition It has seen an explosion in the number of as the hottest housing market in the country. A critical businesses relocating and opening within the mass of new amenities and recreational activities downtown area, and features a rich dining along with the surge in residential development scene; today’s Oakland has over 21 outdoor beer has helped Downtown Oakland become one of the gardens for residents and visitors to enjoy! country’s most vibrant live–work–play environments.