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Articles Archive for 3 January 2009

Berkeley, Civic Life »

[3 Jan 2009 | Comments Off on Foreclosure doesn’t dampen development plans for San Pablo Ave | ]

By Will Jason
The 34 condominiums built on top of an abandoned gas station at 2700 San Pablo Ave. last year were supposed to signal the transformation of their southwest Berkeley neighborhood. Vacant lots and empty buildings would give way to a vibrant, mixed-use district.
Then the units didn’t sell, and the developer lost the property through foreclosure. The building failed to attract a bid when it was put up for auction in mid-December, and now, a year after its completion, it’s owned by a former lender who is renting the condos …