OAKLAND, CA (KTVU) – When built in the year 2023, the Kaiser Permanente Thrive Center is the tallest building in Oakland.
The office's 1,700 square foot tower will be Kaiser's national and regional headquarters in corner 21 and Broadway, which currently has some town-owned properties – a garage and parking lot used by the patrons of the Paramount Theater.
"At the end of the day, we can't think of any better place to live than Oakland, California," says Bernard Tyson, CEO of Kaiser.
It will cost Kaiser about $ 900 million to build and Kaiser said because they will consolidate from seven buildings in Oakland to just one ̵
Oakland Mayor Libby Schaaf called this a great victory for the city. A few years ago, she said that the city was in danger of Kaizer's relocation.
Now they have committed themselves to making their headquarters here for decades to come up with this new high rise. She said the city did not provide any tax incentives for this, and Kaiser bought the town-owned land at market rates.
"They pay their full freight," Schaaf said, adding that this is "really going to be a community project."
Sitting on five packages at 2100 Telegraph Ave., the plan should include 60,000 feet of retail ground level and to an onsite clinic as well as an estimated 20,000 square feet of public space for "community-inspired art."
When the building is built, Kaiser moves out of the seven administrative buildings it owns or rents in Oakland.
Kaiser said that 100 percent of construction work will be done by trade union. When the tour is complete, the tower will have to contribute more than $ 15 million a year in local tax revenue.
Bay City News contributed to this report.