Broadway Grand by Signature Properties Brings Luxury Housing and Retail to Oakland's Vibrant Uptown District

Broadway Grand by Signature Properties Brings Luxury Housing and Retail to Oakland's Vibrant Uptown District

Ozumo Restaurant Selects Innovative Art Deco Building for Newest Location

OAKLAND, Calif., Feb. 15 /PRNewswire/ -- Oakland's Uptown Lake Merritt District has a new address: Broadway Grand, the luxury condominium home and retail community created by award winning Bay Area home builder, Signature Properties. Scheduled to begin sales Saturday, February 24, 2007, Broadway Grand is proud to announce that Ozumo, a noted San Francisco eatery, will open a new 8,000 square foot restaurant that will anchor the seven-story, Art Deco inspired building.

"We are honored to be on the leading edge of Uptown Lake Merritt's emerging cultural and entertainment scene," said Michael Ghielmetti, president of Signature Properties. "The addition of a restaurant of Ozumo's caliber at Broadway Grand will attract new residents and visitors to a neighborhood already buzzing with boutiques, art galleries and nightlife."

"Signature Properties' concept and design for Broadway Grand is the perfect location for Ozumo's new contemporary Japanese design and innovative dishes that appeal to Oakland diners," said Jeremy James Umland, owner and creator of Ozumo. "We look forward to working with Signature Properties and share its commitment to the Uptown Lake Merritt District. Ozumo and Broadway Grand complement this already thriving neighborhood."

Broadway Grand is located at the corner of Broadway and Grand Avenue. The 132 condominium flats and townhomes include one, two-, and three-bedroom+ units ranging from 717 square feet to 2,000 square feet. The development features gourmet kitchens with stainless steel appliances and granite countertops, luxurious master suites and baths, pre-wiring for communications and satellite television. Home prices in the seven-story, Deco-inspired building begin in the $400,000's.

Homeownership includes an interior assigned parking space and access to the private landscaped 4,000 square foot courtyard. Along with Ozumo Restaurant, Broadway Grand will include a Starbucks Coffee on the street level for residents and neighbors. Additionally, Broadway Grand's central location means easy access to freeways, bridges, BART and Oakland International Airport.

Signature Properties will kick off Broadway Grand sales with a free community concert event Saturday, February 24th, at the Paramount Theatre, from 11 am to 5 pm. The lineup features some of the East Bay's most well loved and talented artists, including the Oakland Interfaith Gospel Choir, the Phoenix Dance Company, Los Compas, Cynthia Bythel & Swing Set and noted blues singer E.C. Scott.

"Uptown Oakland's rich cultural history is the inspiration and backdrop for Broadway Grand," said Ghielmetti. "We are inviting the community to celebrate with us at the Paramount Theater, because nothing says Uptown Lake Merritt more than live music performed at this authentic Art Deco theatre and neighborhood jewel."

About Ozumo at Broadway Grand

Ozumo at Broadway Grand will be led by Chef Eiichi Uejo and will offer a Robata grill and an extensive sake bar. Ozumo was chosen in 2006 by San Francisco Magazine's Bay Area readers as the best Japanese restaurant. It was listed in the San Francisco Chronicle's Top 100 Restaurants and rated as having the best all around Japanese restaurant. Ozumo's Broadway Grand location is scheduled to open in March 2008.

About Signature Properties

Since 1983, Signature Properties, a privately held California corporation, has been creating environments that connect people in new and innovative ways. Based in Pleasanton, the company has created more than 50 residential communities and 5,000 new homes in Northern California, including the award- winning Durant Square, an adaptive reuse of the 1920's Durant Motor Company plant in east Oakland; and Broderick Place, a community of classic condominium homes and neighborhood-serving retail in San Francisco. Signature Properties (www.sigprop.com) pioneered the concept of a courtyard land plan in the Bay Area, an approach that provides a single-family detached home for an affordable price. For more information about Broadway Grand call (510) 986-0149 or visit www.BroadwayGrand.com.

Source: Signature Properties

CONTACT: Sonia Tolbert of Signature Properties, +1-925-468-3787, or
stolbert@sigprop.com; or Susan Nagy of LUCA LLC, +1-415-584-9640, or
sn@lucaglobal.com, for Signature Properties

Web site: http://www.sigprop.com/
http://www.broadwaygrand.com/

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