The Port of Oakland’s Board of Commissioners recently approved a measure to enter into negotiations with a business group to explore building a waterfront stadium for the Oakland A’s. The port previously rejected alternative maritime uses of the property, including a coal facility, thereby paving the way for negotiations with this business alliance.
The business group, Oakland Waterfront Ballpark, LLC (OWB) includes Don Knass, CEO of Clorox; T. Gary Rogers, former CEO of Dryers Ice Cream; Michael Gheilmetti Founder of Signature Development Group; Doug Boxer, former Oakland City Planning Commissioner; and Seth Hamalian, San Francisco developer.
The agreement calls for the port to grant a one-year exclusive negotiation term and OWB to make a down payment of $100,000. During this time, the port and OWB will explore the feasibility of building a 38,000 seat ballpark on what is currently Howard Terminal, former home of Matson Navigation.
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Our concern is land designated for port and maritime uses is very limited. Once it’s gone, it’s gone.