When the City of Oakland, CA assumed ownership of the 7th & Campbell property in November 2013, it had no plan for development and no money to develop the Property. Oakland & The World Enterprises, Inc. entered into an Exclusive Negotiating Agreement with the City to develop the Property in November 2014. Then, with the consultation of urban planners and our Advisory Board, OAW has constructed a phased plan and vision for development, which vision includes implementation of a green architectural design and green construction.
The first phase, which is in progress, is the Urban Farm. We have invested some of the funding received from Alameda County in November 2014 to turn this blighted space into a green, productive space only months after acquisition. The first phase is also projected to include the Tech Design and Support business, via transformation of the existing, dilapidated building on the Property into a center for both training our target population and providing direct support to small, medium and even large Oakland businesses.
Later phases will include the Cooperative Housing component, the Fitness Center, the Grocery Store, Blues & BBQ Remix restaurant and entertainment venue, Technology Center/On-Demand Manufacturing operations. Some of the businesses might be temporarily developed in container-based structures on the property.