Preliminary permits have been filed to convert a five-story hotel into housing at 988 Broadway in Downtown Oakland, Alameda County. The development could transform the Oakland Courtyard By Marriott into a 64-unit apartment complex. Core Capital Investments and Gaw Capital are jointly responsible for the application.
988 Broadway, image via Google Street View
The project looks to transform the 162-room hotel with minimal changes to the overall structure. The ground floor will still include 2,715 square feet of commercial retail space next to the repurposed lobby and residential amenities. The amenities will include the community room, fitness center, and bicycle parking.
The plan is looking to produce 64 units, including eight studios, 24 one-bedrooms, 16 two-bedrooms, and 16 three-bedrooms. Seven units will be deed-restricted for low-income households earning around 50%-80% of the area’s median income.
988 Broadway, rendering by Steinberg Hart
988 Broadway facade elevations, illustration by Steinberg Hart
Steinberg Hart is responsible for the design. The reskinned facade will include a base of limestone cladding on the ground floor, plaster finish around the middle floors, and a darker mansard zinc roof.
Public records show the property last sold in October 2024 for $10.6 million. According to documents published with this application, the original hotel was built in 2002 and designed by Patri Merker Architects and YH Lee Associates.
988 Broadway apartment sample floor plans, rendering by Steinberg Hart
988 Broadway, image via Google Satellite
The 0.86-acre property is located at the corner of 9th Street and Broadway, nestled between the historic Old Oakland neighborhood and Chinatown. The building is a block away from the much larger Oakland Marriott City Center, a 21-story hotel connected to the Oakland Convention Center. Future residents would be just a block away from the 12th Street BART Station.
The preliminary application invokes Senate Bill 330 to streamline the approval process. The estimated cost and timeline for construction have not yet been shared.
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988 Broadway Core Capital Investments Gaw Capital Marriott Steinberg Hart