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Joint Project Area <br />• The Agency will continue to acquire and dispose of strategic real estate assets <br />as necessary to forward the goals of the community and the Redevelopment <br />Plans, and assist its buyers in completing successful redevelopment projects. <br />Properties include the vacant lot at 1595 Washington (former East Bay Municipal <br />Utility District offices) among others. <br />• The Agency will participate in funding the completion of the East 14tH <br />Street/Hesperian Blvd./150th Avenue Triangle Transit Plaza and Landscape <br />Improvement Project. <br />• The Agency will be involved in new development projects on East 14th Street as <br />opportunities arise with property owners and with the on-going renovations of <br />Bayfair Center. <br />• Plans continue to underground the above-ground utility lines along East 14th <br />Street. <br />o Phase One of the project, which runs from 150th Avenue south to the City <br />border, is being led by AT&T and is scheduled to begin construction in <br />summer 2008. <br />o Design work is underway on the City led Phase Two, which will <br />underground the utilities from 150th Avenue north to Lillian Avenue. <br />Construction will begin once funding has been identified. <br />• Design work has been completed for a streetscape and median improvement <br />project on East 14th Street 136th Avenue to 143~d Avenue. Construction will begin <br />once funding is identified. <br />West San Leandro/MacArthur Boulevard Project Area <br />• The Agency is participating in the planning for a new medical and retail shopping <br />center on a 63-acre abandoned Albertson's distribution site. The Kaiser <br />Permanente site, on Marina Boulevard and Merced Street, just off Interstate 880, <br />will be transformed from underutilized industrial property to a vital commercial <br />and medical center with a 300-bed hospital scheduled for completion between <br />2009 and 2015. A 375k sq. ft. retail center is planned for the northern half of the <br />site. <br />• Agency staff continues to facilitate the planning process for new or significantly <br />improved, larger I-880 interchanges at Marina Boulevard and Davis Street to <br />ease congestion and stimulate private investment in the project areas by taking <br />better advantage of its strategic regional location. <br />