3 Comments

I'm concerned about whether this group that wants to buy half of the Coliseum actually has the money to buy and develop it. They don't sound like wealthy people and I don't think the site is appropriate for housing. It's a good place to drive to and park or take BART for an athletic event where the lot and the station are patrolled. People can come and watch a game and then get back on the freeway or BART and go home. Also, the A's own the other half of the site so nothing can be done with it until Fisher agrees to sell or participate in a project.

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Well the Raiders and the A's and the Warriors left. What athletic events are going to be happening there any more? Apartment buildings would make a lot of sense, it's near the BART so you can commute into downtown Oakland or SF.

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It's also near Hegenberger. The city also made a mistake in not negotiating seriously to extend the A's lease at Coliseum for three or maybe four more years. They're going to be using one-time money to pay for continuing debt even if this deal goes through.

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