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Oakland Celebrates Signing of $105M Coliseum Sale for Revitalization of East Oakland

Last Thursday, AASEG also finalized the deal to purchase the other 50% of the Coliseum owned by the Oakland A’s for $125 million, meaning that the entire 155-acre property is now owned by the African American business group, likely the largest transfer of property to African Americans in Oakland history.

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Mayor Sheng Thao, Councilmembers Nikki Bas and At-Large Councilmember Rebecca Kaplan celebrated the signing and the receipt of the first round of payments from some of the members of the African American Sports and Entertainment Group to purchase the Oakland/Alameda County Coliseum Complex. Left to right: Jonathan Jones, Alan Dones, C.J.Johnson, John Jones III, Nikki Bas, Ray Bobbitt, Ryan Richardson, Mayor Sheng Thao, Emily Weinreb, Rebecca Kaplan, Shonda Scott, Samantha Wise,Gay Plair Cobb and Paul Cobb. Photo by Kevin Hicks.
Mayor Sheng Thao, Councilmembers Nikki Bas and At-Large Councilmember Rebecca Kaplan celebrated the signing and the receipt of the first round of payments from some of the members of the African American Sports and Entertainment Group to purchase the Oakland/Alameda County Coliseum Complex. Left to right: Jonathan Jones, Alan Dones, C.J.Johnson, John Jones III, Nikki Bas, Ray Bobbitt, Ryan Richardson, Mayor Sheng Thao, Emily Weinreb, Rebecca Kaplan, Shonda Scott, Samantha Wise,Gay Plair Cobb and Paul Cobb. Photo by Kevin Hicks.

By Ken Epstein

The City of Oakland this week finalized the $105 million sale of the city’s 50% share of the Oakland Coliseum to the African American Sports and Entertainment Group (AASEG), based on a long-term plan and vision for social and economic revitalization of East Oakland that will include jobs, new businesses, and affordable housing.

Last Thursday, AASEG also finalized the deal to purchase the other 50% of the Coliseum owned by the Oakland A’s for $125 million, meaning that the entire 155-acre property is now owned by the African American business group, likely the largest transfer of property to African Americans in Oakland history.

According to a terms sheet, AASEG is paying the city $15 million in September, $15 million in November, $33 million in January 2025, and $42 million by June 20, 2026. The development is financed by Loop Capital, a Chicago-based investment firm.

Hosting the press conference at the Coliseum on Tuesday, co-founder of the AASEG team, Ray Bobbitt, a longtime Oakland businessman, introduced Mayor Sheng Thao, who he said “drove” this project for the city, along with Councilmember-at-large Rebecca Kaplan.

“This is history in the making,” said Mayor Thao, emphasizing the team effort between private investors, city officials, staff, and community that is moving the city forward.

This project is not a short-term financial fix for Oakland but a long-term strategic development that will pay off for the city and its residents for decades, she said.

“This will be a $105 million sale that will lead to a multi-billion-dollar investment in Oakland, specifically deep East Oakland,” Thao said.

“This isn’t a temporary band-aid for the budget as some naysayers may say,” she continued. “Yes, it helps keep fire stations open, it helps keep our (police) officers, and the (police) academies going. But (more fundamentally), this is a work in process for Oakland’s future.”

The mayor said she was honored to work with the African American business leaders in AASEG and with the African American entrepreneurs in Loop Capital.

“Many thought institutional capital was fleeing Oakland, but that is not the case.,” she said. “We were able to be innovative and think outside the box. (We) know what the Coliseum is; this is the place to be in the Bay Area.”

A number of observers say political opponents of the mayor and much of city’s leadership are “doom seekers,” continually emphasizing that Oakland is a terrible place to live where nothing good happens, as they seek to justify their attempt to restore power to representativesof  the city’s traditional elite.

In her remarks, Kaplan outlined a vision of the redeveloped Coliseum site as a major economic hub for not just East Oakland but the Bay Area, noting that it sits near a BART station, freeway, rail line, and airport.

Ultimately, the AASEG project will be a $5 billion construction venture with housing, entertainment, live sports, hotels, and businesses.

“There is no site better prepared for development than this,” Kaplan said.

AASEG has agreed to create a community benefits plan before the end of the decade with labor agreements, workforce training, and pledges to residents around the Coliseum  that they will not be displaced by development.

AASEG has also agreed to ensure 25% of any housing developed at the site is affordable.

Bobbitt, who, as a child watched games at the Coliseum from his grandmother’s roof, said the project will serve the entire population of Oakland and the region and especially communities in East Oakland, where African Americans face the highest rates of poverty, unemployment, and homelessness, and as victims of crime, he said.

He said he especially wanted to recognize Paul and Gay Cobb, owners of the Oakland Post newspaper and elders in the community, who inspired him to have a large vision for the Coliseum that would lead to the development of East Oakland, the entire city, and the region.

“We want to acknowledge them and thank them for everything they do for our community. They safeguard us, they protect us, they push us, they urge us, I want you to understand what this newspaper means for our community,” Bobbitt said.

In a statement, Bobbitt said, “The AASEG sees this new stewardship (of the Coliseum) as a once-in-a-generation opportunity for the revitalization of Oakland and a profound responsibility to improve the lives of the community members of East Oakland.”

“Thank you to the city, our partners, Mayor Sheng Thao, Rebecca Kaplan, Nikki Bas, and everyone else who contributed to this,” he said.

Council President Bas said, “There are so many positive things to love about our town, and this is an opportunity, to set aside any differences we have and to work together and make this city as great as it can be.”

Entrepreneur Alan Dones, who is part of AASEG, said, “Our team agrees that our main objective here is to serve our community, to make sure this project stands out as a beacon for what can be done when you prioritize community, good jobs, and business opportunities.”

Activism

Post Newspaper Invites NNPA to Join Nationwide Probate Reform Initiative

The Post’s Probate Reform Group meets the first Thursday of every month via Zoom and invites the public to attend.  The Post is making the initiative national and will submit information from its monthly meeting to the NNPA to educate, advocate, and inform its readers.

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By Tanya Dennis

The National Newspaper Publishers Association (NNPA) represents the Black press with over 200 newspapers nationwide.

Last night the Post announced that it is actively recruiting the Black press to inform the public that there is a probate “five-alarm fire” occurring in Black communities and invited every Black newspaper starting from the Birmingham Times in Alabama to the Milwaukee Times Weekly in Wisconsin, to join the Post in our “Year of Action” for probate reform.

The Post’s Probate Reform Group meets the first Thursday of every month via Zoom and invites the public to attend.  The Post is making the initiative national and will submit information from its monthly meeting to the NNPA to educate, advocate, and inform its readers.

Reporter Tanya Dennis says, “The adage that ‘When America catches a cold, Black folks catch the flu” is too true in practice; that’s why we’re engaging the Black Press to not only warn, but educate the Black community regarding the criminal actions we see in probate court: Thousands are losing generational wealth to strangers. It’s a travesty that happens daily.”

Venus Gist, a co-host of the reform group, states, “ Unfortunately, people are their own worst enemy when it comes to speaking with loved ones regarding their demise. It’s an uncomfortable subject that most avoid, but they do so at their peril. The courts rely on dissention between family members, so I encourage not only a will and trust [be created] but also videotape the reading of your documents so you can show you’re of sound mind.”

In better times, drafting a will was enough; then a trust was an added requirement to ‘iron-clad’ documents and to assure easy transference of wealth.

No longer.

As the courts became underfunded in the last 20 years, predatory behavior emerged to the extent that criminality is now occurring at alarming rates with no oversight, with courts isolating the conserved, and, I’ve  heard, many times killing conservatees for profit. Plundering the assets of estates until beneficiaries are penniless is also common.”

Post Newspaper Publisher Paul Cobb says, “The simple solution is to avoid probate at all costs.  If beneficiaries can’t agree, hire a private mediator and attorney to work things out.  The moment you walk into court, you are vulnerable to the whims of the court.  Your will and trust mean nothing.”

Zakiya Jendayi, a co-host of the Probate Reform Group and a victim herself, says, “In my case, the will and trust were clear that I am the beneficiary of the estate, but the opposing attorney said I used undue influence to make myself beneficiary. He said that without proof, and the judge upheld the attorney’s baseless assertion.  In court, the will and trust is easily discounted.”

The Black press reaches out to 47 million Black Americans with one voice.  The power of the press has never been so important as it is now in this national movement to save Black generational wealth from predatory attorneys, guardians and judges.

The next probate reform meeting is on March 5, from 7 – 9 p.m. PST.  Zoom Details:
Meeting ID: 825 0367 1750
Passcode: 475480

All are welcome.

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Activism

Community Celebrates Turner Group Construction Company as Collins Drive Becomes Turner Group Drive

The event drew family, friends, and longtime supporters of Turner Group Construction, along with a host of dignitaries. The mood was joyful and warm, filled with hugs, handshakes and belated New Year’s greetings. Guests enjoyed hors d’oeuvres and a festive display of gourmet cupcakes as they conversed about the street sign reveal. 

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The Turner Construction group members.
The Turner Construction group members.

By Carla Thomas 

It was a family affair on Friday, Jan. 23, at the corner of Hegenberger Road and Collins Drive in East Oakland as community members, local leaders, and elected officials gathered to celebrate the renaming of Collins Drive to Turner Group Drive. The renaming saluted the Turner Group’s 45-plus years of economic development and community investment.

The event drew family, friends, and longtime supporters of Turner Group Construction, along with a host of dignitaries. The mood was joyful and warm, filled with hugs, handshakes and belated New Year’s greetings. Guests enjoyed hors d’oeuvres and a festive display of gourmet cupcakes as they conversed about the street sign reveal.

Special guests included former Alameda County Supervisor Keith Carson, veteran broadcaster Valerie Coleman-Morris, Chevron Senior Public Affairs Representative Andrea Bailey, community leaders Cephus “Uncle Bobby” Johnson and Beatrice “Aunt Bea” Johnson of the Oscar Grant Foundation, and Oakland City Councilmembers Ken Houston, Carroll Fife, and Kevin Jenkins. Members of WEBCORE, the Nor Cal Carpenters Union, the National Association of Minority Contractors (NAMC), Swinerton and Alten construction companies, activists Elaine Brown and David Newton, and many others joined the celebration.

Inside the event tent, an emotional Oakland City Councilmember Ken Houston spoke of his deep connection to the Turner family.

“I grew up on the same street with the Turners,” he said. “When my father passed away, their parents and siblings embraced me like family. This is our city, and it’s an honor to name this street Turner Group Drive because of the love and effort this company and family have given. Many dreams came out of this building. I wouldn’t be where I am today without the Turners.”

Councilmember Kevin Jenkins, whose father once taught the Turner brothers, added, “Len Turner is an amazing person. He’ll help anyone.”

Oakland Mayor Barbara Lee praised the company’s legacy, noting its creation of the Construction Resource Center, which trains and mentors the next generation of builders and developers through partnerships across the region. “This is a great day for Oakland and a profound acknowledgment of the Turner Group’s contribution to our community,” she said.

Fife echoed that sentiment: “This is a day for celebrating Black excellence. The Turner Group has poured into people and the community, showing us what’s possible.”

Among the many family members in attendance was the Turners’ 92-year-old patriarch, whose presence underscored the strength of the family’s legacy.

A touching highlight of the event came when Coleman-Morris was honored for her lasting mentorship of LaTanya Hawkins, now program manager of the Construction Resource Center. In 1979, Hawkins, then a fourth-grader, wrote Coleman-Morris a letter seeking advice. Coleman responded with words of encouragement that inspired Hawkins to pursue her dreams. The two stayed in touch for decades. On stage, they embraced as Coleman reflected on “the power of small acts of kindness to change a life.”

Coleman-Morris also shared reflections on leadership and community spirit, saying, “If we change the way we look at things, the things we see will change.” She then recited the Serenity Prayer, reminding the crowd, “We are a powerful community, we just need to believe it.”

Company leaders Len and Lance Turner closed the ceremony with words of gratitude and humor. Len thanked his mother, wife, family, legal team, and longtime supporters including Carson, Geoffrey Pete, and the late Dorothy King of Everett & Jones Barbecue. He also acknowledged the challenges the company had overcome, saying, “Without all of this support, I wouldn’t be here today.”

Through Turner Group Construction and the Construction Resource Center, the Turners have created new opportunities for underrepresented groups in the construction industry and continue to inspire the next generation of builders.

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Activism

New Bill, the RIDER Safety Act, Would Support Transit Ambassadors and Safety on Public Transit

The RIDER Safety Act would allow public transit agencies to hire transit ambassadors trained in de-escalation, crisis response, and rider education and engagement. Acting as a visible, non-enforcement presence to deter low-level incidents and reduce conflict, transit ambassadors would ease the burden from law enforcement and enhance public safety.

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BART train. Photo courtesy of ABC7.
BART train. Photo courtesy of ABC7.

By Post Staff

A new federal bill would support transit ambassador, or transit support specialist, programs at public transit agencies across the country.

The bill, (D-CA-12), H.R. 6069, the Rapid Intervention and Deterrence for Enhanced Rider Safety Act, or the RIDER Safety Act, was introduced Jan. 30 by Congresswoman Lateefah Simon. (D-CA-12), H.R. 6069, the Rapid Intervention and Deterrence for Enhanced Rider Safety Act, or the RIDER Safety Act.

This legislation is based on Congresswoman Simon’s work at Bay Area Rapid Transit (BART) to create a first-in-the-nation Transit Ambassador Program, which previously earned a prestigious nationwide award for “Innovation in Public Safety.”

She announced the bill at a press conference at the 19th Street BART Station alongside BART leaders and other supporters

The RIDER Safety Act would allow public transit agencies to hire transit ambassadors trained in de-escalation, crisis response, and rider education and engagement. Acting as a visible, non-enforcement presence to deter low-level incidents and reduce conflict, transit ambassadors would ease the burden from law enforcement and enhance public safety.

This bill would also create jobs provide meaningful work, training opportunities, and a pathway for career growth in local communities. In the House of Representatives, the bill is also co-led by Representatives Shomari Figures (AL-02), Nellie Pou (NJ-09), Mark DeSaulnier (CA-10), and John Garamendi (CA-08).

“I am incredibly proud to champion the RIDER Safety Act in Congress and continue my work to ensure transit is safe, accessible, and affordable to everyone. We have seen the success of the transit ambassador programs here in the East Bay, and I am dedicated to bringing this proven public safety model to the rest of the country,” said Congresswoman Simon.

“These are strong local jobs for people who want to support public safety on transit and serve as a resource to individuals who may be in crisis or in need of services,” she continued. “Strengthening safety on transit benefits us all and helps ensure our public transportation systems remain places of opportunity, dignity, and trust.”

“This bill is critical to ensure the safety of every passenger who relies on public transportation across the country,” said Congresswoman Nellie Pou. “The RIDER Safety Act builds on successful transit models already implemented in communities, including the Bay Area Rapid Transit (BART) through the leadership of Congresswoman Lateefah Simon during her time as BART President. By providing transit stations with medically trained, unarmed personnel, we can strengthen safety standards, reduce fare evasion, and give riders a greater peace of mind when getting from one place to the next.”

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