In Oakland on July 13, Gov. Newsom signed AB 179 — the state’s new housing budget trailer bill that cuts red tape, modernizes how California finances affordable housing, and lowers the cost of building a unit by up to $70,000.

The legislation builds on the governor’s efforts that have reversed decades of inaction on housing and homelessness — creating more homes and the largest reduction in unsheltered homelessness in more than 15 years. 

Oakland is the first pro-housing city in the Bay Area, and it’s not slowing down. Oakland is cutting through bureaucracy, unlocking new financing, and clearing the path for more affordable homes to get built faster.

Special thanks to East Bay Asian Local Development Corporation (EBADC), State Assemblymember Sharon Quirk Silva, and California Housing and Community Development Director Gustavo Velasquez.

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Sale agreement OK’d by City Council may yield millions of dollars for immediate use plus 6% of future ticket sales

The Oakland City Council has approved a restructured $125 million agreement to sell the city’s remaining 50% stake in the Oakland-Alameda County Coliseum complex, marking a major step forward in long-term redevelopment plans for the historic site.

The deal transfers ownership to the African American Sports and Entertainment Group (AASEG) and its affiliate, Oakland Acquisition Company (OAC), and establishes a new strategic partnership with entertainment executive Irving Azoff’s Oak View Group (OVG). City officials described the agreement as a forward-looking move that balances immediate financial relief with long-term economic opportunity. 

Azoff, co-founder of OVG and a legendary figure in the global music and entertainment industries – joined Council President Kevin Jenkins, Councilmember Janani Ramachandran and Mayor Barbara Lee to announce City Council’s vote this week on the city’s agreement to sell the Oakland Coliseum.

The resolution, which passed 6-1 at the Monday council meeting, authorized the sale of Oakland’s 50% stake in the complex for a lump sum of $110 million plus 6% of all future annual gross ticket sales from events held at the redeveloped complex. Councilmember Noel Gallo cast the lone dissenting vote, citing concerns about his clarity on the position of Alameda County.

The city will receive an additional $15 million ‘payment bonus’ as OAC obtains building permits for new construction, marking a major step forward in long-term redevelopment plans for the historic site.

The provision is designed to incentivize timely progress while aligning the city’s financial interests with project advancement.

Azoff is looking forward to bringing more music to Oakland. “Oakland is one of America’s great music cities – I spent some very special times earlier in my career working with Bill Graham on Day on the Green, and I have many fond memories of those days,” said Azoff. “We are honored to have the opportunity to become stewards of this iconic arena and build upon its
remarkable legacy. I look forward to once again bringing the very best artists
and events to Oakland and ensuring that the venue remains a source of pride for
the community for generations to come.”

“By approving this deal, we will ensure that the Coliseum complex is in the hands of dedicated professionals who will be committed to transforming this space into a world-class entertainment destination,” said Jenkins. “This will mean hundreds of new shows and events in Oakland annually, which will bring significant revenue into the city.”

Councilmember Carroll Fife (D-3) expressed appreciation for AASEG’s role in advancing a plan with community benefits. “With such a valuable asset underutilized for years, I’m glad to see the Coliseum positioned to serve an underserved and underdeveloped part of the city,” Fife said.

“This deal paves the pathway for a powerful economic revitalization in Oakland,” added Ramachandran. “I am excited for the new terms of the deal and additional stakeholders involved – including entertainment legend Irving Azoff. Not only does finalizing this deal save Oakland money and provide a significant one-time cash infusion but will also create a sustainable revenue stream that will help fund City services and uplift our economy.”

“My bottom line is always what’s best for Oaklanders and the City’s ability to serve them well — and this proposal is a step forward,” said Lee. “This deal will pave the way towards creating jobs and economic opportunities, specifically for east and deep east Oaklanders. Thank you to the city negotiating team for their hard work to bring this proposal forward.”

 AASEG has emphasized its commitment to community-centered development, with plans that include entertainment venues, housing, and commercial space to revitalize East Oakland. The involvement of OVG, known for its work on major sports and entertainment projects nationwide, adds industry expertise and credibility to the effort.

AASEG President Ray Bobbitt called the agreement “a great win for East Oakland” that will benefit the entire city.

The restructured deal could also release the city from its long-standing financial obligations tied to the Coliseum by January 2027. Oakland has historically subsidized the complex, which has operated at a loss of approximately $6 million annually.

The deal includes:

• Initial Cash Sale (Arena Parcel): The city will sell the Arena parcel to OAC, receiving $50 million by early 2027.
• Subsequent Sale (Stadium Parcel): The Stadium parcel will be sold for $60 million, which includes a credit for the $5 million deposit already held by the city.
• Ongoing Revenue Stream: The city will receive 6% of annual gross ticket sales from all events at both the Arena and Stadium, a new ongoing income stream to Oakland’s General Purpose Fund.
• Financial Terms: Payments will be made to the city on a prescribed schedule without lending any funds to OAC, and the city will be immediately relieved of significant financial liabilities associated with ownership and operations.

Additional information on the project is available at www.oaklandca.gov/Government/Departments/City-Administrator/Oakland-Coliseum-Redevelopment-Project?

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Staff, patients’ families, and supporters held a recent rally at UCSF Benioff Children’s Hospital in Oakland to protest the hospital’s decision to relocate specialized treatment clinics to San Francisco.

Protesters said the move is creating barriers to patient access to care and raised concerns about whether the hospital was appropriately using funds partially designated for pediatric services.

In response, hospital officials say they are concentrating resources for highly specialized procedures so patients can receive the highest quality of care.

One of the speakers at the rally, Paola Portillo, a social worker, said the hospital started transferring the clinics a year ago when UCSF Health integrated with the Children’s Hospital Oakland, located at 747 52nd St. in North Oakland.

According to Portillo, patients who need bone marrow treatments and interventional radiology are forced to travel to UCSF Benioff Children’s Hospital in San Francisco, which can be dangerous, she said.

“Children who go through a bone marrow transplant are immunocompromised, meaning that their immune system has been wiped out,” and having to take public transport to San Francisco exposes patients to the risk of getting a dangerous infection, she said.

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UCSF spokesperson Kristen Bole says the move improves the hospital’s quality of care, giving bone marrow treatment (BMT) as an example.

“Inpatient BMT is a highly complex service where patient volume, specialized infrastructure, faculty coverage and 24/7 support are essential,” she said in a statement. “Concentrating non-gene therapy inpatient BMT care at Mission Bay allows us to provide the safest and most sustainable model for patients and families.”

Hospital officials also emphasized that moving care was not a one-way street. Beginning this month, patients admitted for rehabilitative treatment have been directed to the children’s hospital in Oakland, Bole said.

Speakers at the rally also claimed UCSF has not been transparent about how it has allocated funding from 2020’s Measure C, a measure that created a half-percent sales tax that partially funded pediatric health care at the children’s hospital.

“The community fought so hard for Measure C because every child deserves access to lifesaving, pediatric, high-quality care right here in Oakland,” said Agnes Cho, a policy advisor speaking on behalf of Alameda County Supervisor Nikki Fortunato Bas. “The funding should go towards strengthening care for children right here in Oakland.”

Protesters also said UCSF’s $3.3 billion endowment has been misused. Last October, the University Professional & Technical Employees union published a report on the University of California’s spending, which highlighted projects such as the $4.3 billion UCSF Helen Diller Medical Center at Parnassus Heights.

“What I have a problem with is saying the kids from the East Bay have to go to San Francisco to get care, so that UC can build a fancy hospital for its richest patients in San Francisco,” said union President Dan Russell.

The UCSF spokesperson said the university has been investing in its Oakland campus and that upgrades are expected to be completed in 2030 at a cost of $1.6 billion.

“Oakland is central to our pediatric health system, and we are making the largest investment in the campus’ history,” the spokeswoman said. “We do not make investments of this scale in a campus, workforce or community we plan to leave behind.”

This article includes coverage from Bay City News Service and media releases.

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