OAKLAND, CA-The city has roughly two months to come up with a new proposal for developing the former Oakland Army Base. The four concepts under consideration include many of the uses proposed in the original base plan: corporate offices, R&D, light industrial, job development, small retail, room for nonprofit homeless services and a public park.

Mayor Jerry Brown says he would like to see big-box retail stores, a hotel, a convention and entertainment center and possibly an Indian-run casino that would be located on the strip of land near the eastern end of the Bay Bridge. Two council members–Nancy Nadel and Jane Brunner–favor the 2.54 million-sf business park, which could potentially create more than 9,000 jobs. Council members Dick Spees and Ignacio De La Fuente and city manager Robert Bobb have expressed interest in a corporate campus/retail project, a deal that could generate between $992 million and $2.1 million in taxes.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.