Business
City of Oakland’s Historic Sports Doubleheader: Black Group to Buy Coliseum Complex While Also Urging the A’s to Negotiate to Bring Community Benefits to City Through Howard Terminal
Hours of engaging discourse, bolstered by a throng of community supporters who packed the virtual council meeting with back-to-back appeals, got their wish in a 6-0-2 vote, on Monday, July 20.
The African American Sports & Entertainment Group (AASEG, www.aasegoakland.com), received a resounding vote from Oakland City Council members to pursue terms of ownership of the fabled, multiplex sporting venue, the Coliseum Complex.
Hours of engaging discourse, bolstered by a throng of community supporters who packed the virtual council meeting with back-to-back appeals, got their wish in a 6-0-2 vote, on Monday, July 20. Oakland City Councilmembers approved the resolution brought forward by Vice Mayor Rebecca Kaplan to begin negotiations with the AASEG to acquire the City’s 50% interest of the Coliseum Complex.
The Oakland A’s bought Alameda County’s half of the Coliseum for $85 million in 2020.
This critical vote came just three days after the Alameda County Joint Powers Authority unanimously approved a resolution to begin negotiating with the AASEG to bring a WNBA team to Oakland. With these successive actions, the AASEG can formalize negotiations with City staff toward a Purchase and Sell Agreement for the Coliseum Complex.
“This is very important,” said 96-year-old Gladys Green, chair of the Elmhurst Board in Oakland’s 7th District, where the Coliseum sits. “These Black men and women are coming back into this community at a time when we’ve lost so much. It is critical that you move forward with the AASEG proposal.”
Desmond Gumbs is the athletic director of Oakland’s century-old Lincoln University. “This is a strong group,” he said. “We are really excited about their community engagement. Let’s do this. It’s great for our community.”
Councilmembers complimented the AASEG’s impactful community outreach, citing receipt of scores of support letters, in addition to the group’s top priority to maintain a “community first” development approach.
“The historic footprint of this effort is unprecedented,” said AASEG founder Ray Bobbitt. “It would be the largest award of public land to an African American group in the City’s 169-year history.”
The AASEG proposal includes commitments to revitalize the local community through affordable housing, job creation, public services, hospitality, life sciences, education, retail, public space, sports and entertainment activities. Voices from the community expressed their hope for much needed infrastructure and quality of life improvements within the East Oakland community.
