Rebecca Kaplan and Noel Gallo Oakland CMs Call For Approval Of AASEG Oakland Coliseum Term Sheet

Oakland Vice – Mayor Rebecca Kaplan and Councilmember Gallo Submit Proposal to Proceed with Approval of AASEG Term Sheet to Acquire and Develop the Oakland Coliseum Complex 

Oakland, CA –  Vice-Mayor Rebecca Kaplan and Councilmember Noel Gallo person submitted a scheduling petition for a connection to proceed with support of the African American Sports and Entertainment Group’s (“AASEG”) non-binding presumption of an statement for the projected acquisition and improvement (including, purchase, lease, and partnership) of the City of Oakland’s 50% undivided involvement successful the Oakland Coliseum Complex.  The Oakland Coliseum spot is simply a large, publically owned tract that has fantabulous connectivity passim the region, including with BART, Amtrak, freeway, and airdrome access. By processing it successful a mode that provides jobs, lodging astatine each income levels, and nationalist revenue, we tin execute important betterment for the Oakland community, particularly successful the East Oakland country wherever it is located. If approved, awarding this captious tract for improvement to an Oakland-based African American improvement radical would assistance remedy extended radical disparities successful Oakland contracts and economical opportunity. The petition to docket the point volition beryllium heard this Thursday, September 30, 2021, during the Rules Committee gathering astatine 10:30am. The point is projected to travel to the afloat Council successful October.

Vice Mayor Kaplan has worked towards revitalization of the Coliseum for respective years. Two years ago, successful an  op-ed for the Oakland Post, she wrote of the existing concerns astir the nonaccomplishment of jobs, deficiency of affordable housing, and the further erosion of the Black assemblage successful East Oakland, and however community-oriented revitalization tin assistance remedy these problems. See Op-Ed astatine https://www.postnewsgroup.com/opinion-a-vision-for-the-future-of-the-coliseum-area/

AASEG is an Oakland-based radical focused connected creating economical accidental for the Black assemblage successful East Oakland, arsenic good arsenic the assemblage passim Oakland and beyond, and utilizing the Coliseum Complex arsenic a conveyance for economical equity and societal justice. AASEG has agreed to 35% Affordable Housing and to screen the City’s task costs during the dialog process. The radical projects the instauration of up to 40,000 jobs, and important inclusion of section residents. AASEG already cleared a large hurdle erstwhile the Oakland City Council adopted Vice Mayor Kaplan’s Resolution 88764, connected July 20, 2021, which directed  the City Administrator to negociate with AASEG the imaginable presumption of  statement for City’s involvement successful the Coliseum Complex. Furthermore, AASEG has already submitted a connection to the Oakland-Alameda Coliseum Joint Powers Authority (JPA) to lease the Arena successful the Coliseum tract for a WNBA team, the presumption of which has been approved by the Oakland City Council and the afloat JPA Board.https://www.kron4.com/news/bay-area/wnba-team-one-step-closer-to-coming-to-oakland/

Currently, the City of Oakland owns a 50% stock of the large, easy accessible spot known arsenic the Coliseum. The tract is simply a large determination hub, served by BART, Amtrak, airdrome connector and freeway, and successful providing thousands of jobs to Oakland residents. It besides contains galore acres that tin beryllium utilized to supply lodging for each income levels, jobs, business, sports, amusement and more, and which has completed some biology reappraisal and the surplus lands enactment notification process, to let for proceeding with revitalizing it. Given overmuch of Oakland’s   community, including   parts of   East Oakland, person been harmed by past decisions that undermined accidental and accrued inequality, the improvement indispensable beryllium done successful a mode to improve, and not harm, conditions for long-time disparately-impacted communities, and beryllium planned successful adjacent transportation with assemblage needs.

AASEG has received wide-based enactment from the Oakland community. Over 40 assemblage and labor  groups person expressed enactment for AASEG’s imaginativeness and plans for the Coliseum Complex, from the Building and Construction Trades, to the Oakland African American Chamber of Commerce. Oaklanders are enthusiastic astir AASEG’s plans to inject overmuch needed economical vitality into East Oakland, which would payment each of Oakland.

Oakland’s Vice Mayor Rebecca Kaplan stated: “I americium thrilled that we person the accidental to bring jobs, lodging astatine each income levels, sports, amusement and much to this captious Oakland site, successful a mode that strengthens equity and vibrancy for the assemblage astatine this transit-accessible location.”

Oakland Council subordinate Noel Gallo, who has been actively supporting the effort for improving the area, stated: “We spot the harm that is caused by blight and abandonment, and our communities successful East Oakland and the surrounding country merit better.  I americium honored to assistance determination guardant this important connection from AASEG, to assistance amended and uplift our community.” 

Ray Bobbitt, of AASEG stated: “The African American Sports and Entertainment Group (AASEG) has agreed with City Negotiators to summation its connection to 115 cardinal connected the City’s 50% undivided involvement of the Coliseum Complex. In addition, the AASEG has agreed to different captious dialog elements, including 35% Affordable Housing and covering the City’s Costs during the dialog process. The AASEG volition taxable its revised Term Sheet today, which leaves unfastened the options of buying the site, leasing the site, oregon partnering with the City connected the site.”

Rules (Scheduling) Committee Meeting Info:

September 30, 2021, 10:30am gathering agenda: Link 

Zoom Meeting Link : https://us02web.zoom.us/j/87529531780

Link to Scheduling Request for Item: Link