Living at the Top of
the Bay
Renaissance of
Waterfront Living in Point Richmond
|
Stunning
views from every home in the Pinnacle – longest of any Bay
community at over 30 miles – make it very attractive to urban
homesteaders. |
Greasing the wheels of commerce has
always been the waterfronts’ raison d’etre. It started with
the Industrial Revolution, when people first discovered that water was
the best and cheapest way to move manufactured goods.
For the last hundred years or so, a blink
of the eye historically speaking, the internal combustion engine, and
the freeways it spawned, lured people from waterfront communities inland
to so called "planned" communities.
And, as with every major city throughout
the country, this influx to suburbia meant longer commuting times,
traffic jams and less time for family, friends and relaxation.
|
Atop
the Pinnacle: Adam Lubow, Vice President of Marketing for
Intessa, our host for a tour of the company’s development at
Brickyard Cove, with Marketing and PR Director Sandra
Schaumleffel. |
What does it mean for the waterfront? A
reverse migration, which is already underway. Large numbers of people
are rediscovering the practicality and beauty of waterfront living.
Whether it’s the calming allure of the water, the sense of oneness
with nature, proximity to the arts, convenient transportation such as
the ferries, or the desire to live in a vacation atmosphere, the
waterfront offers a lifestyle that is prized and unique.
Waterfront communities like Benicia,
Martinez and Alviso, all left behind in the headlong rush to soulless
suburbia, now look forward to a renaissance of their beautiful
waterfront downtowns. Artists are moving in droves to lofts along the
Oakland/Alameda Estuary. Sumptuous condominiums have opened near Pac
Bell Park and near Jack London Square. Much more is to come.
We wanted to talk to someone on the
front lines of this sea change in the way Bay Areans live, work and
play. It’s self-serving, we admit, but what better way, thought we,
than to check in with an advertiser?
Intessa Corporation is the developer of
the Pinnacle at Brickyard Landing, the name given to the final phase of
the build-out of Brickyard Landing, a secluded condominium community at
Point Richmond’s Marina Landing.
We called, and Adam Lubow, Vice President
of Marketing for Intessa, was cheerfully willing to meet us at the
Pinnacle, their new waterfront condominiums, and chew the fat.
Monoliths like Catellus and Lennar have
contracts to redevelop broad swaths of Bayfront, much of it retired
military land. The Pinnacle, at 69 units, is the biggest project to date
for the mid-sized Intessa, a San Rafael firm. Up to now, the firm has
specialized in what Lubow colorfully terms "scrapers";
teardowns, or older homes on desirable lots that are torn down to make
way for showpiece homes.
Why is Intessa laying down its chips
on waterfront development?
|
Sitting
pretty: Adam Lubow and Intessa are literally invested in the
"new waterfront", with major projects in Pt. Richmond
and soon in West Oakland. |
"We specialize in urban in-fill
development", explained Lubow. "We seek transit-oriented sites
to build upon. We think people are bored with the white picket fence and
seek a return to urban living. The waterfront combines all these
elements."
How significant a factor is the
waterfront for potential homebuyers?
"Very," says Lubow, "Our
polling shows that views, location and water access were cited by fully
82% of Brickyard Cove residents as reasons they bought here."
Adam, and his Marketing and PR Director
Sandra Schaumleffel, gave us a tour of the Pinnacle. "People want
the ‘lock and leave’ convenience of a condo," Sandy told us.
"They want everything taken care of by someone else; the pool, spa
and rec room. Nearby there is also has a great regional park system and
the historic town of Pt. Richmond is a big draw".
The charming Sandy, warming to her role
as pitchperson, extolled the many fine features of the Pinnacle
condominiums, including so-called "smart boxes," built-in
connections allowing the very latest in high-speed Internet access.
"You could run Bay Crossings from right here," Sandy
assured us, taking in the breathtaking views of San Francisco Bay with a
sweep of her arms. "For only $400-600 thousand!"
Given the absurdity of Bay housing
prices, it did seem surprisingly reasonable considering the views and
location, but Sandy clearly does not know, or was too polite to
acknowledge, the harsh economic realities of journalism.
Atop the Pinnacle, where construction of
swank penthouse apartments is nearing completion, Lubow reiterated his
company’s belief in the waterfront. "Our next project is near the
Oakland waterfront, developing lofts in West Oakland on the Mandela
Parkway. There is a certain dynamic of being on or near the water. It’s
a lifestyle our customers want. We’re excited about the return to the
waterfront and happy to be part the movement."