CDC approves TIF funding for 4242 S. Cottage Grove

The Community Development Commission has approved the funding of $3.6 million in TIF financing for the redevelopment of 4242 S. Cottage Grove. Located on a mid-block parcel, the existing three-story building is just north of E. 43rd Street.

Planned by Kenwood Oakland Community Organization (KOCO), the renovation of the existing building will house the KOCO office, library, food pantry, and community space on the second floor. The third floor will be home to the headquarters of Journey for Justice Alliance, and the ground floor will be home to the Silver Fox Café, a hybrid organization and worker-owned cooperative developed in collaboration with ChiFresh Kitchen and Norman's Bistro.

With KOCO owning the building since 2009, they have had their offices on the ground floor and plan to renovate the entire building to expand into the upper floors. The roof will be replaced, a new elevator will make the building ADA-accessible, and the exterior will receive minor tuckpointing and improvements. 

Set to cost approximately $5.1 million, the project is getting a large sum of the cost covered by this $3.655 million in TIF funding from the city. Once the redevelopment agreement and TIF funding is approved by the City Council, the construction will take 7 months.