23 November, 2007
San Francisco Business Times – SunCal Rolls $200M Dice on Oak Knoll Hospital Site
Demolition has begun on SunCal Cos.’ first Bay Area project, a $200 million gamble on Oakland’s former Oak Knoll Naval Hospital. But a steep acquisition price, rising construction costs and a battered housing market leave the development’s future in doubt. Before Oak Knoll closed in 1996, it had a rich history treating veterans from World […]