Oakland, Alameda Co. Enter Negotiating Agreement With Developer That Could Keep Sports Teams In The East Bay

CBS San Francisco

OAKLAND (KCBS)— Oakland City Council members unanimously voted to approve an exclusive negotiating agreement to build the proposed Coliseum City project. It’s seen as a major step towards sealing the deal that would keep the Raiders, A’s and possibly the Warriors in the East Bay.

Friday’s vote was part of a special meeting in which it was decided that New City Development would enter the agreement along with the City of Oakland and Alameda County. The city and the county jointly own and manage the Coliseum site where O.Co Coliseum and Oracle Arena stand.

[cbs-clip-player content_id= 58998829 size=small station=365]

“This is a necessary step to do what we can do to keep the Raiders and the A’s here in our great city and I’m not giving up on the Warriors either,” Oakland City Councilman, Dan Kalb said.

The project would cover approximately 800 acres and provide enough space for three…

View original post 61 more words

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s