San Leandro is returning to an old stand-by according to the Daily Review. Innisfree Companies, which developed the business park that primarily houses TriNet, is in line to transform the blighted former Albertson’s building on East 14th Street along with seven other parcels into a hub of urban living.
The once future home of Grocery Outlet and the unfortunately spurned site of Trader Joe’s is slated to become temporary parking before being developed as another proposed destination in the city’s “transit-oriented” plan for the downtown. The previous developer removed itself from the project due to the poor economy.
Innisfree of Sausalito, Calif. in its earlier days was one of the early purveyors of the nascent timeshare industry of the late 60’s. Presumably, attracting new businesses and condo owners will not include a free trip to Las Vegas for the trouble of watching a video while snacking on coffee and stale cookies.