The Three Oaks development in Oakley has taken it’s first step into transforming the neighborhood and surrounding area. Demolition has begun on the former 800,000 square foot Kenner Toy factory, with Mayor Cranley taking one of the initial demolition swipes on the building.
“The Three Oaks development is taking an abandoned industrial site in the heart of Oakley and will be replacing it with a thriving, urban, pedestrian area,” said Mayor Cranley.
Three Oaks is a 30-acre development located along Robertson Avenue. The site will feature 107 single family homes, nearly 400 apartments, and 180-room building for senior housing building. Additionally, there will be a walking path around the entire development and the corner of Robertson and 34th will feature a public park, complimented by preserving three existing large oak trees. The investment in the development will be approximately $200 million.
Three Oaks will complete this area within the Oakley community and bring additional residents to the highly sought-after location.
For the Oakley Community Council and residents near the development, the use and building no longer belonged in the area that was formerly a more industrial neighborhood.
“The plans for Three Oaks support many of the goals of the Oakley Master Plan in repurposing this old manufacturing site, increasing residential growth in Oakley, increasing single-family home ownership, and increasing green space, which includes a community park and walking trails,” said Dan Krohn, Oakley Community Council member and long-time Oakley resident. Neyer Properties worked with the Oakley Community Council to ensure Three Oaks matched the look and feel of the neighborhood as well as supported the community’s larger goals.
Neyer Properties is also working with Oakley Community Council on a pedestrian walkway under the railroad tracks to the north of the site which will connect the rest of Oakley with easier access to the amenities existing at Oakley Station.
“The walkway would be truly transformative for the connectivity of the Oakley community,” said Krohn.
“I believe this development will be used as an example on how best to enhance an existing neighborhood and community by adding a very pedestrian friendly approach for walkable amenities nearby, such as Oakley Station, and for connecting neighbors,” said Dan Neyer, President / CEO of Neyer Properties. “Our Three Oaks development fits well with the active lifestyle approach that many people crave and will give the added benefit of less car traffic and thus a reduction of our carbon footprint,” said Neyer.
The transformation of this development speaks to Neyer’s value of enhancing communities by creating spaces that are better than the company found and purchased them in.