Port of Oakland to negotiate with Oakland A’s over ballpark site
One-year timeline for talks about Howard Terminal
Oakland, Calif. – April 27, 2018: Port of Oakland Commissioners last night approved exclusive negotiations with the Oakland A’s in the team’s search for a new ballpark. The one-year agreement authorizes talks with the baseball club about Howard Terminal as a potential stadium site.
A’s officials have indicated that the waterfront location is one of two sites they’re considering for a new home. The other is at the Oakland Coliseum, where the team currently plays home games. The negotiating agreement gives the A’s a year to decide if Howard Terminal is suitable, the Port said.
The Port said the A’s would put up a $100,000 deposit as part of the negotiating agreement. The deposit is refundable if negotiations terminate before the year is up. The ballclub would forfeit its deposit if it can’t reach an option agreement for Howard Terminal within a year.
Howard Terminal, at the edge of the Port’s Jack London Square, currently supports Oakland Maritime operations. It’s used for maritime ancillary purposes including long-term vessel berthing, container and truck parking and storage, and longshore labor training and administration.
About the Port of Oakland
The Port of Oakland oversees the Oakland seaport, Oakland International Airport, and nearly 20 miles of waterfront including Jack London Square. The Port's 5-year strategic plan - Growth with Care - pairs business expansion with community benefits, envisioning more jobs and economic stimulus as the Port grows. Together with its business partners, the Port supports more than 73,000 jobs in the region and nearly 827,000 jobs across the United States. Connect with the Port of Oakland and Oakland International Airport through Facebook, or with the Port on Twitter, YouTube, and at www.portofoakland.com.
Port of Oakland
Port of Oakland