Oak Knoll

This project area was created to redevelop the site of the former Naval Medical Center of Oakland (NMCO), which closed in 1996. This site, like the Oakland Army Base Project Area, is under the authority of the Oakland Base Reuse Authority. There has been no activity on this site since it was established, and it has generated no revenue.

• Description of Project Area
• Contacts
• Financial Information
• Demographic Information

Description of Project Area

Date Created: 1998
Redevelopment Plan Approved: July 14, 1998
Plan Termination Date: July 14, 2028
Subject to 1993 Reforms: Yes
Tax Increment Revenue Limit: $87,000,000
Size: 183 acres
Location (general): Former site of Naval Medical Center of Oakland I-580 to Keller Ave., Keller Ave to Sequoyah

Contacts

Community Economic Development Agency Staff:  

Dan Vanderpriem
Redevelopment Director
(510) 637-0241
dvanderpriem@oaklandnet.com

City of Oakland Oak Knoll webpage

Financial Information

Tax Increment (TIF) Revenue

	FY 98-99	FY 99-00	FY 00-01	FY 01-02	FY 02-03	FY 03-04*	FY 04-05*
Gross TIF **	$0	$0	$0	$0	$0	$0	$0
Payments to Other Agencies	$0	$0	$0	$0	$0	$0	$0
Set-Asides	$0	$0	$0	$0	$0	$0	$0
Net TIF	$0	$0	$0	$0	$0	$0	$0
* Projected in ORA Budget for FY 2003-2005 * *From State Controller “Community Redevelopment Agencies Annual Report”

Set-Asides

	FY 98-99	FY 99-00	FY 00-01	FY 01-02	FY 02-03	FY 03-04*	FY 04-05*
Housing Set Aside	$0	$0	$0	$0	$0	$0	$0
ERAF Shift	$0	$0	$0	$0	$0	$0	$0
Total Set Asides	$0	$0	$0	$0	$0	$0	$0
* Projected in ORA Budget for FY 2003-2005

Expenditures

	FY 98-99	FY 99-00	FY 00-01	FY 01-02	FY 02-03	FY 03-04*	FY 04-05*
Capital Expenditures	$0	$0	$0	$0	$0	$0	$0
Debt Service Expenditures	$0	$0	$0	$0	$0	$0	$0
Total Expenditures**	$0	$0	$0	$0	$0	$0	$0
* Projected in ORA Budget for FY 2003-2005

Bonds  

No bonds have been secured for this project area

Total Debt (As of FY 03-04)

There is currently no debt for this project area.

Demographics

	Oak Knoll
	1990	2000	% change
Total population	1,297	696	-46
Race
% White	52	21
% Black	38	46
% Am. Indian/Alaskan Native	0	0
% Asian/Pacific Islander	7	11
% Other	4	0
% Two or more races	N/A	22
% Hispanic	14	14
Income
Mean Household Income (1999 $)	83,612	93,738	12
% Persons Below Pov.	4	4
Employment
% Labor Force Unemployed	2	0
% 16 yrs+ not in labor force	18	31
Housing
% Owner occupied housing units	78	87
% HH paying > 30% of income for housing	37	37
Mean value of owner occ. housing units (2000 $)	390,523	348,984	-11
Educational attainment
% 25 yrs. + with HS deg. or higher	96	95
% 25 yrs. + with bach. deg. or higher	37	47
Source: US Census Bureau, Summary File 3, 1990 and 2000