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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.”

Bay Area

Homelessness Committee and Advocates Urge City to Stop Confiscating Unhoused People’s Belongings

Encampment sweeps are not a new method of action to evict people from living and sleeping on the streets in San Francisco. However, recent reports indicate that city staff are not following proper policy, exacerbating the problems for unhoused people. Homeless advocates and allies held a press conference on Thursday at City Hall, condemning staff workers for destroying people’s property during encampment evictions and asking officials to ensure that important documents and medication are not being stripped from these individuals.

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"By destroying the very items that could help people regain stability, the city is not just punishing people for being poor, but actively making it harder for them to escape homelessness," Jennifer Friedenbach, executive director of the Coalition on Homelessness, said.

By Magaly Muñoz

Encampment sweeps are not a new method of action to evict people from living and sleeping on the streets in San Francisco. However, recent reports indicate that city staff are not following proper policy, exacerbating the problems for unhoused people.

Homeless advocates and allies held a press conference on Thursday at City Hall, condemning staff workers for destroying people’s property during encampment evictions and asking officials to ensure that important documents and medication are not being stripped from these individuals.

“By destroying the very items that could help people regain stability, the city is not just punishing people for being poor, but actively making it harder for them to escape homelessness,” Jennifer Friedenbach, executive director of the Coalition on Homelessness, said.

Friedenbach criticized the city for not fixing their housing problem or finding new ways to shelter people, instead they are further adding to the harm of the “humanitarian crisis that San Francisco is facing.”

The press conference was held before the monthly Homelessness Oversight Commission (HOC) meeting, where commissioners discussed a draft resolution to submit to city staff highlighting the importance of not separating people from their items as this might cause further distress.

The resolution lists ssential items that workers should be cautious of not destroying or throwing away including medical documents and medication, work permits, identification, and survival gear, such as blankets or tents.

City policy instructs workers to “bag and tag” items left behind after an encampment sweep. These items are labeled by Public Works and kept at their operations yard for 90 days before being discarded.

But according to several reports and videos of the sweeps, the city has not always followed this policy and has on numerous occasions thrown away people’s medications or tents, leaving individuals without their essentials.

During the meeting, commissioners suggested adding school records and family related support items, such as diapers, to the resolution because of the increasing number of families living on the streets.

Virginia Taylor, senior policy advisor for Safe & Sound, said 531 families are waiting for housing in San Francisco. Many of these families are living out of their cars or in RVs, yet the city has limited safe parking spots where people can situate themselves.

Along with not throwing out people’s belongings, advocates are also continuing to ask the city to stop the encampment sweeps because all they are accomplishing is moving unhoused folks block to block without solving the root problem of lack of consistent housing.

“We need urgent action, more family shelter beds, a stop to vehicle sweeps, expanded safe parking programs and housing solutions that keep our multi-generational families together. Our children’s futures depend on it. Let’s build a San Francisco where no family falls through the crack and every child has the opportunity to thrive,” Taylor said.

Speakers referenced the RV sweep conducted in early August on Zoo Road, where dozens of people, many of them non-English speaking immigrants, were asked to leave the parking lot or else their vehicles would be towed and they would be cited.

While people were offered shelter beds or housing vouchers, some worried about where they would stay while the city processed their applications. This drew criticism of San Francisco’s method of not always having immediate options for people yet continuing to sweep unhoused folks with nowhere to go.

Commissioners of HOC agreed that the city is not trying to exacerbate the issue and the resolution is one of many steps to ensure that there are no setbacks in the progress to ending homelessness in San Francisco.

The HOC will approve the resolution at a later meeting once amendments and changes are made.

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Bay Area

Former Mayor Willie L. Brown Endorses Dana Lang for BART Board District 7

Former San Francisco Mayor Willie L. Brown has announced his endorsement support for Dana Lang for BART Board District 7 Seat, which includes voters from both sides of the Bay, and in San Francisco includes Bay View Hunters Point and Treasure Island. Brown acknowledged that Lang has been a behind-the-scenes force in transportation funding for many years and can help BART manage its financial challenges.

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Photo courtesy of Dana Lang.
Photo courtesy of Dana Lang.

By Oakland Post Staff

Former San Francisco Mayor Willie L. Brown has announced his endorsement support for Dana Lang for BART Board District 7 Seat, which includes voters from both sides of the Bay, and in San Francisco includes Bay View Hunters Point and Treasure Island.

Brown acknowledged that Lang has been a behind-the-scenes force in transportation funding for many years and can help BART manage its financial challenges.

“When I met with Dana Lang I asked many questions, then I asked others about her contributions.  Getting to know her I realized that she truly understood transportation.  At a time when BART is facing a “fiscal cliff” and an upcoming deficit of nearly $360 million per year, Dana is more than ready for this job, she is ready to meet the moment!”

Over the past 24 years Lang has been a funding and grants specialist with several municipal transportation agencies, including the Metropolitan Transportation Commission, San Francisco Muni, San Francisco Police Department and San Francisco International Airport (SFO).

Lang says, “I’ve faced a number of fiscal crises in my career — such as securing $52 million in new transit security funding for SFMTA (Muni) during the 2008 Great Recession, when others thought it was not possible.  I have always managed to identify new funding and ways to make transit more secure.  Facing a crisis is the best time to act, through advocacy and policy setting. We’ve got to keep BART running and make it safer and more vibrant in order to meet the needs of our riders, our work force, and our community.”

Lang grew up in the low-income minority community of East Palo Alto, CA, and knew that locating grants and resources could positively impact an entire city and its surrounding region — helping to create and retain agency jobs, getting transit riders to their workplaces, and encouraging small business development near transit hubs.

With that in mind, she pursued a bachelor’s degree in economics from Wellesley College, then an MBA from UC Berkeley’s Haas School of Business.  She started her municipal career as a policy advisor to Mayor Elihu Harris and helped secure grants for the City of Oakland before moving to the Metropolitan Transportation Commission to serve as a transportation grants specialist.

During her 24-year career she has helped secure hundreds of millions of dollars for Bay Area transit agencies and municipalities.  In addition to BART’s financial health, Lang’s priorities for BART also include safety, cleanliness, station vitality — and bringing riders back to BART.  She has served on the BART Police Civilian Review Board since 2022.

Lang is also endorsed by BART Board Director Robert Raburn, former BART Board Director Carole Ward Allen, the Rev. Amos Brown, pastor of San Francisco’s Third Baptist Church, Alameda County supervisors Keith Carson and Nate Miley, former Oakland Mayor Elihu Harris, District 4 Oakland City Councilmember Janani Ramachandran, Oakland Chinatown leader Carl Chan, and many others.

Lang is seeking the BART Board District 7 Seat, which includes San Francisco’s Bay View Hunters Point and Treasure Island, a large portion of Oakland, the cities of Alameda, Emeryville, Piedmont, and a small portion of Berkeley.

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Art

Phenomenal Woman’ Maya Angelou Monument Unveiled at San Francisco Main Library

In a joyful community celebration attended by over 200 people, including Mayor London Breed, the highly anticipated ‘Portrait of a Phenomenal Woman’ monument to Dr. Maya Angelou was unveiled at the San Francisco Main Library on Sept. 19. Oakland-based artist Lava Thomas created the 9-foot bronze and stone monument in the form of a book featuring a portrait and quotes from the celebrated author, poet, civil rights activist and former San Francisco resident.

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Attending the unveiling of the monument to the late Dr. Maya Angelou were, from left, Dr. Gina M. Fromer, CEO Glide Foundation; San Francisco Mayor London Breed, Rosa Johnson, (Angelou’s niece); Ralph Remington, San Francisco director of Cultural Affairs; Lava Thomas, artist and creator; Denise Bradley-Tydus, former interim director of Cultural Affairs; San Francisco Poet Laureate Genny Lim, and San Francisco City Librarian Michael Lambert. Photo by Linda Parker Pennington.
Attending the unveiling of the monument to the late Dr. Maya Angelou were, from left, Dr. Gina M. Fromer, CEO Glide Foundation; San Francisco Mayor London Breed, Rosa Johnson, (Angelou’s niece); Ralph Remington, San Francisco director of Cultural Affairs; Lava Thomas, artist and creator; Denise Bradley-Tydus, former interim director of Cultural Affairs; San Francisco Poet Laureate Genny Lim, and San Francisco City Librarian Michael Lambert. Photo by Linda Parker Pennington.

By Linda Parker Pennington

In a joyful community celebration attended by over 200 people, including Mayor London Breed, the highly anticipated ‘Portrait of a Phenomenal Woman’ monument to Dr. Maya Angelou was unveiled at the San Francisco Main Library on Sept. 19.

Oakland-based artist Lava Thomas created the 9-foot bronze and stone monument in the form of a book featuring a portrait and quotes from the celebrated author, poet, civil rights activist and former San Francisco resident.

The work was commissioned by the San Francisco Arts Commission in response to legislation passed in 2018 by San Francisco’s Board of Supervisors, requiring at least 30% female representation in the public realm.

Attending the unveiling were Angelou’s grandson, Elliott Jones, social advocate, philanthropist, and board member of the Dr. Maya Angelou Foundation; and Rosa Johnson, Angelou’s niece and family archivist, who spoke about the historic unveiling of this first public monument portraying a Black woman in San Francisco’s history.

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