CASTRO VALLEY NEWS YEAR 2 NUMBER 14
T
he required paperwork has been completed to allow the long vacant Daughtrey building to be purchased and improved by a developer.
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Changes Coming to the Daughtrey Building
“All the compensation agreements have been signed and the building will soon be turned over to the developer,” said Eileen Dalton, Director for the Alameda County Economic and Civic Development Department. The signatory process was needed because the building belonged to the County Redevelopment Agency dissolved in 2011 by Governor Brown, calling for sale of all Redevelopment owned property. Part of that dissolution required county assets sold be signed off by 18 taxing entities in Alameda County. A resolution was expected to go beforeSupervisors in December to formalize transfer of title to Berkeley developer David Greensfelder. In June of last year, Greensfelder purchased the building for $860,000. Three years ago, the ALCO Redevelopment agency paid $2.8 million for the building.
Some History — Since the Daughtrey department store closed in 1991, the building has been intermittently occupied by a Billiards hall and a seasonal Halloween costume store. Greensfelder has not indicated what businesses might occupy the building, but he has a letter of intent to occupy from a major retailer. During a July MAC meet-
ing last year, Greensfelder promised “low end” businesses are not in his plan for the building. “We have had interest from a number of retailers as well as from potential office tenants. We are just now in preliminary discussions with several retailers for the entire ground floor of the building. At this point, I would prefer not to identify them, but
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hopefully we will have more specifics to report in the first quarter of (2016) next year.” First Things First — The county is looking to complete a $4.5 million dollar shared parking project that will open up all parking lots behind the Daughtrey building, Knudsen’s Ice Creamery and Joyful House restaurant. The project will also bring a bevy of landscaping and lighting enhancements. In regards to upgrades to the building, Greensfelder said, “We plan to gut the interior of the building and create a new “shell” which will have upgraded power, demising walls as needed for the various tenants, new HVAC equipment, and a new roof. For the exterior, we hear the community’s desire to have something that looks great. There is a preliminary design we are reviewing, and we are also exploring whether something ‘retro’ might work.” The synergy of improvements will no doubt enhance the area of Castro Valley’s downtown area, “Some great things are going to happen in Castro Valley in 2016,” Dalton added.