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.
While co-owner of the Oakland A’s, Lew Wolff, has his reservations about the site, the project has widespread support from the city, fans and even the state.
Our concern is land designated for port and maritime uses is very limited. Once it’s gone, it’s gone.