Grand Avenue is the main drag and commercial area of the Adams Point neighborhood. To the north of Grand as far as I-580 it is virtually all residential. To the south is beautiful Lakeside Park and Lake Merritt. Lakeside Park includes a number of distinct features including Children's Fairyland and the Garden Center, among others. (The course of the race provides a nice tour of the park.)
The magnificent building you see that dominates this picture is the Bellevue-Staten, an apartment building (now a condominium) built in 1929.
Keith and his family called it "The Princess" and it's fitting.
The building is a clever example of adaptive reuse. Vacant since the mid 1990s, it had been a Cadillac showroom since the 1920s, but had originally been built in the 1890s as a power station for a streetcar system. Whole Foods opened here in 2007.