The San Francisco call., 1906-09-24
OAKLAND TO HAVE
MODERN HOTELS.
Work Is Commenced on
Fine Structures That Will
Be Rushed to Completion
ACTIVITY IN REALTY

OAKLAND, Sept 23.-First-elass
modern hotels, which for number of
years have been one of the imperative
needs of this city, are assured for Oak
land Work has been commenced on
one or these hotels, and within a very
short time others will be In course of
construction. The first is to be erected
at the junction of San Pablo avenue
and Grove street by George w. McNear,
the welf-known flour dealer of San
Francisco The building Is to be of re-
lnforced concrete, and will be four
stories In height. It will be of thor
oushIy hreproof construction and will
cost Sf20,006. The work of iexcavating
for the new hotel is already under way,
and foundation for ten-story struc-
ture Will be laid. the six additional
stories to be added to the building as
soon as possible.
The boteI to be erected on the block
bounded by Thirteenth. Fourteenth
Harrison and Alice streets Will be
one of the finest buildings of its kind
in the United States. fhts hotel is to
be erected by a syndicate of Oakland
bankers, and the building will cost
81. 25e. GEO. With the erection Of this
magnificent building will begin the
transformation of Twelfth, and Thir-'
tcenth streets from residence to bus
ness thorcughfares, and it is estimated
that the addition OF this building TO the
commercial structures Of Oakland will
add S20.ee0, geo to the value of property
in the district in which it is, to be
erected
BIG HOTEL FOR BROADWAY.
Still another large hotel is to be
erected at Broadway and Twentys sec
ond street. This is 10 be erected by
the Realty Syndicate at the terminus
of the Twenty-second street line of the
Key Rsute system. 1t was at first in
tended to build an arcade at the ter
minus, but with the influx of popula-
ton since the fire in San Francisco has
come the determination by the syndi-
cate to build a modern hotel instead.
The new building, for which permit
has already been secured by the Realty
Syndicate will be three stories in
height and will cost 100000 The
ground floor will be devoted to stores
and in the two upper stories will be To-
Gated the 156 rooms, of the hotel
4 fourth is the Hotel St Marks. a,
Twelfth and Franklin streets. for which
lease contracts have been 81 gned-
One Of the largest sales OF the last
week was the purchase of the Merritt
Hotel, at Twelfth and Franklin streets.
by |. Loeb & Son of San Jose. The
property was purchased from NJ. Ffeid
man & Sons, the price paid being
$50, eco
Another Important transfer of the
last week was the sale of the Chabot
home on Eleventh. and Madison streets,
which was sold by Mrs. Remi Chabot
for s25.0o0.
The near approach of the rainy sea-
son has had apparently no influence on
building operations in this city. the
records of the building inspectors Of
flee showing that the total value of
new buildings for which permits have
been secured in the last week was
s9s3 659 According to Building In
spector sTowle, building operations are
not confined to any particular district
of the city, but homes and bust
all parts of the city Besides the great
amount of building shown by the rec
oFds Of the inspectors office there is
also-a still larger amount outside the
limits Of the city of which there is 40
record
DEMAND FOR HOUSES.
With the approach of winter comes
an increasing demand for houses for
rent. and Oakland. Alameda and Berle-
ley real estate dealers declare that they
are unable to meet the demand of peo-
pie seeking dwellings In Alameda Coun-
ty. In this city there are practically
no houses for rent at any price, and
the same condition exists in Alameda
and Berkeley.
That the activity in Oakland and Al
an1eda County real estate is undiInin-
lshed in proved by the records of the
Office of County Recorder Grim, in
which 400 deeds to property transferred
were filed for record last week Ac-
cording to the instruments filed, all
parts of Oakland are sharing in the
general prosperity.
Discussing conditions in the local
real estate market, George w. Austin
said:
I'VE have just closed deal for a
newcomer, Il. A. Stent, for a piece of
property east OF Broadway and north
of Twentieth street. so feet frontage
Six months ago it was sold fer A. d.
Wilson, vice president of the Security