The San Francisco call., 1909-04-26
BUILDING FEATURE
OF REALTY MARKET
Construction Work Is Proceed
ing in Oakland, Berkeley
and Alameda

velopment OF the suburban residence
districts has been one of the most
notable features Of the recent growth
Of Oakland The new residence of H
IA. Hart. which is in course of con-
Utruction in Claremont. viii be one of
the most magnificent private residences
ia the state When complete il viii
cost not less than s125,0OO.
Many other handsome homes are go
ing up in East Piedmont heights, Grand
Avenue heights and other outlying resi-
Dental districts. Loans are being made
much more freely than for many
months. and capitalists and spectators
seem TO have unbounded confidence in
the future prosperity OF the city.
CLEARINGS INCREASE
The report OF the Oakland clearing
house for the last week shows an in
crease OF 3s.5 per cent in the amount
OF money handled over the correspond
ing week last year Only half a dozen
cities IN the country can boast an equal
percentage OF increase in bank clear
ings during the same time. The bank
clearings for the week just ended were
SlT2T13o. while in the same week in
1903 they were sl.264.ess.
Plans are now on foot to erect a
modern apartment house in Telegraph
avenue near Thirty-sixth street. The
site for the building was purchased a
few days ago by F. A Muller from
Henry Levy for $4,000. F. +. Porter
negotiated the deal
An illustration OF the tremendous
growth OF the eastern suburbs Of oak
,1rrv
John c. Fremont high school, which
has recently been completed in Melrose.
The school building is one of the most
handsomely finished and capacious edu-
cational edifices in the state and its
cost was upward Of $4,000.
RAILROAD EXTENSION
Within a few weeks the Southern Pa
cifc viii begin the work of extending &
its narrow gauge lines from the pres
ent terminal at the corner of Four
teenth and Franklin streets to the cor
ner OF Twenty second and Franklin
streets. Thence the railroad company
plans 10, run, belt line through the
center OF the city TO the western water
front. 1t is estimated that the COM
struetion of the new lines will give an
immense impetus 10 the value of ad-
3scent property for business purposes.
Ne GIcdl AtHlCIn pDMtI company
has let contract for the erection of a
substation in Matthew street at cost
OF s45,000 The building viii be fire
and earthquake proof with steel frame.
The Thompson Starret construction
company OF San Francisco will put up
the station.
At a meeting during the early part
Of the week the directors of the Bank
ers' hotel decided to proceed with the
construction of the building imme-
diately. The new caravansary is TO be
one Of the most thoroughly equipped
and appointed hostelries on the coast.
Building in Berkeley
BERKELEY. April 25.-This week
has been a big one for the realty men
and builders. The most important of
the events Of this week was the an
pouncement Of the financing of the
Claremont hotel, which. after having
been half built. was abandoned for lack
Of funds. About $500. 900 needed TO
complete the big hostelry was loaned
10 the company, and work will begin
Immediately. The total cost of the
hotel. which viii contain 500 rooms,
will be s2,500.000. The structure will
be ready for occupation about jan
usry I.
Work has been started on the new
Shattuck hotel. to go up on the site OF
the old Shattuck residence near the
Berkeley public library. Four large
stores viii occupy the first floor. be-
sides spacious lobby. and the building
will be completed in about six months.
The new hall of the Finnish Comrade
association in West Berkeley is prac-
tically completed. This is TO be one OF
the most elaborate lodgerooms about
the bay, and several organizations are
making arrangements for its use in
their observances.
The residence of H II. Hart the well
known oil man and multi millionaire
is near completion, and work on the
inside finishing viii start in the near
future This building, which is stu
ated about 500 feet south of the new
Claremont hotel, is made in the old Mis-
sion style and stands on an eminence
overlooking the entire bay region. A
beautiful garden has been planted
about this residence and a s25,00O gar
age, also in the Mission style Of archi-
lecture. is being erected.
]. p. Dennis. formerly superintendent
of the Roebling construction company
has erected a pretty bungalow in Fair
view park, which is said to be one OF
the most artistic in Berkeley The es-
timated cost is $4,000. Mrs. Catherine
Fowler recently applied for a permt-
TO erect a $1,000 residence in Pine ave.
nue.. This residence will contain two
stories and seven rooms Eleven other
building permits were taken out
Alameda Conditions Better
ALAMEDA. April 25.-Realty condi-
tons are improving slowly but steadily