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Stadium Shuffle Creates Opportunities

SAN FRANCISCO-Industry leaders will gather here at the end of the month to mull the defection of the Oakland A's and the 49ers and other trends affecting the market.

By Brian K. Miller | Updated on November 17, 2006

SAN FRANCISCO-Shifting Bay Area sports stadiums are under a spotlight here these days. Just this month, the San Francisco 49ers announced tentative plans to build its new football stadium 40 miles away in Santa Clara–prompting the city to withdraw its bid for the 2016 Olympics–and the Oakland A’s announced plans for a new baseball stadium 20 miles away in Fremont.

With a timely keynote address, the RealShare Conference Series is making its first stop in San Francisco at the end of the month. Set for Nov. 30 at the Argent Hotel, one of the half-day event’s two featured speakers is Larry Baer, COO of the San Francisco Giants. The Giants’ six-year-old stadium was not only built in San Francisco, it was the first privately financed stadium since 1962. The Giants are now starting phase two of their master plan, which aims to transform the surrounding area into an everyday entertainment destination.

The event also will feature Michael Corvarrubias, the chairman and CEO of San Francisco-based TMG Partners, which has been involved in some of this year’s largest Bay Area real estate transactions. In a session called “Inside the Real Estate Mind,” Corvarrubias, who is known to speak his mind, will be interviewed by Real Estate Media’s group publisher Michael Desiato about real estate, business and life in general. Corvarrubias will be asked to reflect on his beginnings in commercial real estate as a lender, discuss TMG’s growth strategy and near-term development plans, and talk frankly about the market as he sees it today and where he believes it’s headed next.

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