Oakland Raiders Coliseum City Can Be Built Without Public Subsidy

Oakland Raiders Coliseum City Can Be Built Without Public Subsidy - Video

Coliseum City and a new stadium for the Oakland Athletics and one for the Oakland A's can be done without public subsidy. The plan I present again below shows this here http://ift.tt/1HV1gak ... and is summarized as follows: 1. Raiders Stadium at 68,000 seats with 300 luxury boxes (expandable by 5,000 for a Super Bowl) 2. Retention and upgrade of the East Side of the Raiders Stadium / the rest new. 3. Oakland A's Stadium at 35,000 seats with 150 luxury boxes 4. 200,000 square feet of retail space between the stadium and Oracle Arena 5. A 1,010-room hotel complex that connects the Raiders and A's stadium (with provisions for a small set of condominiums). 6. Cost of $770 million for the Raiders Stadium, $500 million for the Oakland A's stadium, and with external retail a total cost of approximately $1.8 billion. 7. Formation of a 40-year industrial development lease revenue serial bond issue that would be let by the Oakland-Alameda County Coliseum Joint Powers Authority. The JPA would serve as master developer; I have carved out a budget for the JPA to hire a developer / consultant. Plus, there is fiscal room for a hotel developer as well. To reiterate, I have not taken personal attack on Floyd Kephart of New City Development, but I have been in opposition to now just how this version of Coliseum City has unfolded, but insults toward Eric Grubman of the National Football League, as well as the focus on new housing, which has delayed the matter of forming a financing plan for a stadium for the Raiders, as well as the Oakland Athletics. I will not stand for harassment of me on the part of people who call themselves fans of the Raiders, but do not know the history of Coliseum City, which goes back to 2006. As one who's first job out of Berkeley planning grad school was with the Oakland Redevelopment Agency and on what was then called The Oakland Coliseum Survey Area, as one who made the first computer model around it, as one who was dispatched by Oakland Mayor Elihu Harris to build buyer teams to purchase the Oakland Athletics in 1997, and as one who formed the plan for the Coliseum to host the Super Bowl, and as one who built computer models of the Oakland A's and new stadium scenarios that students used around the country, I know a thing or three about how to do this. We can do it.
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http://youtu.be/my88svt-9qM