February 22, 2026
The East Bay Permanent Real Estate Cooperative (EB PREC) is working to revive West Oakland's historic 7th Street Corridor by carefully restoring Esther's Orbit Room, a former jazz and blues club, as a cultural anchor for the neighborhood. The cooperative has raised $18. 2 million through a combination of grants, low-interest loans, and investments from nearly 400 community members who accept modest returns in exchange for preserving neighborhood character and preventing displacement.
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