Welcome or Register

Rich Buckley

Rich Buckley Realty
Licensed in California
   DRE# 00336569
411 South L St.,
(Office Facing Rear of Parking)
Livermore, CA 94550-4434
Ofc.: 925-443-1122
Cel:  925-216-4378
Fax: 925-215-2058
Email: RichBuckley7@gmail.com
Other Links For Rich Buckley:
--  NEW HOME SEARCH

--  PTSD+ Help Offer To Vets:


--  Video About Livermore

--  Livermore's Performing Arts


-- Livermore Traffic Counts MAP

--My Real Estate Blog

--Our Little Vineyard
Back to Home Page
$24,000,000 For Sale

20 South L Street
Livermore, CA 94550

Mixed Use
Property Photo
1/5

Description

CLICK ON THE 'LARGE PHOTOS' BOX ON THE RIGHT TO FREEZE PICTURES I am available for consulting only on this particular property and/or available for strategic development guidance , representing buyers directly with the City. Price shown ($24-million) is a reflection of estimate of value that inflates with time, for a public resource only. The property is owned by the City of Livermore. This is not listed for sale by my company.

This is mostly in the 'Subarea 2' of the Downtown Specific Plan Core Area

Basically I have been married to the property shown above through either a marriage of convenience or a marriage of inconvenience depending on how one chooses their perspective. My history on this property goes back many decades. My family owns adjoining land and buildings...not much...but there we are... and our interest always seems to hook onto the above land owned by the City. Indeed, we used to own a large chunk of the property we sold to the Southern Pacific Development Company who then built out the old (now removed) Lucky Shopping Center. Since I am in the real estate business, the family responsibly fell upon me to take care of OUR property somewhat, this requires me to be active and knowledgeable as best I can, on our surroundings. Thus over the decades, I have been everything from leasing agent for the adjoining Old Lucky Shopping Center Site (Subject Property) for the former owners of the above land, to sometimes-activist in our local community when horrible development plans were put forward (in my humble opinion) by a consortium of city officials and former city council persons, who while having the community's interest in mind, mistakenly tried ramming through development scenarios violating the higher trust owed to us locally, i.e., violating their promise to seek and coordinate local community input before proceeding. Their violation of the higher duty seemed aggressive and arrogant to everyone's detriment. I strive to remain reasonably in tune therefore, with planning, political thinking, and most importantly community preferences on the above shown Subject Property. Hence respectively, I offer to now to consult developers and/or buyers to help structure development plans that work among all vested interests, and do it with transparency. This obviously ties into my own family holdings so I care greatly what happens on the Subject Property. We do not expect to be the tail that wags the dog in planning matters but we do care greatly on how the city owned property is developed. Most of the family was, for example, very supportive of the local community activists' plan shown above, with the attractive element of abundant open space, hotel, and much improved parking over anything offered up by the consortium.

Price shown is a reflection of estimate of value for a public resource only and inflates with time. The property is owned by the City of Livermore. This is not listed for sale by my company.

Downtown Livermore CA Boutique 125-Room Hotel + 4000sf Conference Center

Westside Hotel Concept A (MODIFIED) https://youtu.be/6lVwShdccKk (a YouTube close up)

I LIKE WESTSIDE HOTEL PLAN A + MINOR CHANGES

I like the West Side A Plan. But I would urge we use a Master Developer to implement such a plan and the Master Developer be given more flexibility as to the type of residential uses actually being built. A Master Developer would be tasked with bringing in the entire project not just a portion of it. Can we really trust any future City Council to honor what we work for now? There are so many hidden agendas occurring that openness and transparency is simply lacking. I'm in favor of using the Master Developer approach to this project to yield a much higher likelihood we actually build out what we approve this year and both sides of South Livermore Avenue are addressed. It won't be the perfect solution but it will bring us closer to unanimity of agreement when we see plans for both sides being built for both sides and the many vested interests are brought together.*

OPEN SPACE THAT DRAWS YOU IN

Keep lots of open space and wide sunny alleys on the residential component. Keep down the housing density and limit height to 3 stories. Allow the Master Developer to enjoy more flexibility as to choosing market rate residential housing components. Notice site plan changes that wide three areas and moves one of the South L entries 10' North to allow for landscaping and walks on both sides of the entry.

WESTSIDE PLAN + OTHER ADVANTAGES

Views from hotel rooms will be very good since hotel is not jammed up against the Bankhead with limited views;

There is ample on-site parking while eastside hotel only provides half the parking required Westside parking also provides parking for handicapped and regular needs overflow from the east side and more parking servicing for east businesses and the Bankhead

FLEXIBILITY RECOMMENDED

Co-housing is a movement without a great number of followers and very hard to implement and will probably prove to not have sufficient effective demand in the market place to justify fronting the investment. There are examples around the SF Bay Area in Oakland, Berkeley, Richmond, and Marine County. Co-Housing is a group of residents sharing key areas like Kitchens, Living Rooms or Family Rooms and Dinning, with the participants taking turns doing cooking and other chores mutually agreed upon.

Give the Master Developer freedom to retreat to housing types that the Master Developer is willing to do. But press for a larger Conference Center of at least 4,000 sq.ft. multi-purpose center.

The large green belt and hard surface pedestrian walks through Plan A Westside, are excellent and will be energized with the West Side Hotel. It also integrates the old Groth Brother high density housing and pulls it into use with the downtown. I'd also like to see the Master Developer developing the Hotel, to be allowed to use more of the land if the Master Developer chooses, for hotel uses and parking especially with a 4000 foot conference center.

CONFERENCE CENTER 4000 sf (Not 1000 or 2000)

I would like to see also a little pressure put on the Hotel component to provide 4000 sq.ft. multi-purpose conference center. Also since the city's research shows nil demand for additional retail as a result of any building whatsoever on this site, I would again like to give the Master Developer flexibility to designate retail space as optional residential market rate space if the Master Developer so chooses.

While no Master Developer has been selected, the city council has been introduced to a master developer with funds prepared to build the hotel, handle the residential components and work with the City and the Community Group and other vested interests to bring the parties together around the West Side Boutique Hotel his company would develop.

The parking distribution on the West Side Plan-A looks good and will reduce traffic congestion during peak use hours.

INTERIOR ROADS

I much prefer the curved drive perhaps with speed bumps over the straight through road. Move the South L Street Entry Road North 10' and provide landscaping and walks on both sides of the entry road as shown on my MODIFIED Westside Plan A, inserted below.

RODEO ASSOCIATION CONTRIBUTION

Finally it should be noted that there is a deal available for the mere asking from the Rodeo Association that would relieve much of the housing requirement off the downtown property and transfer residential building placement over to city hall grounds onto unused land. Historically the City Hall was our old Rodeo Grounds. When the Rodeo Association transferred the property to the City it carried a deed restriction that the Rodeo Association has publicly offered to remove for the token recognition, much deserved IMHO, that the open space parkway, pedestrian center such as the West Side Plan A satisfies, that there be a formal dedications plaque-art work-statue memorializing the Rodeo Association's historic and current contribution to the community, which seems most reasonable to me. The importance of this is that it helps satisfy housing obligation we convincingly and wisely rejected known as the Lennar Plan.

Features

  • Acquired For Redevelopment: Land Value set by City based on acceptable development layout
  • Sub Type: Mixed Use Res./Com.

Video

All Badges