Former A’s P Dave Stewart is offering Oakland $115M to purchase the Coliseum site and create a center focused on sports, culture and jobsGETTY IMAGES
Two Black developer groups are "competing to purchase Oakland’s share of the Coliseum site" and have "laid out ambitious plans that include housing, offices and hotels as well as spaces to celebrate sports, music, arts and culture," according to Sarah Ravani of the S.F. CHRONICLE. The city has "six months to negotiate with the two groups" before recommending one to the City Council for "exclusive negotiations for the 155-acre Coliseum site." The group that is chosen will "have to work with the A’s, which owns half the site." The A’s bought half of the Coliseum site from Alameda County in '19 and previously said that they "want to build housing, offices, retail and parks there." The two groups are the African American Sports and Entertainment Group, which includes former NBAer and sports agent Bill Duffy, and a second one "led by former A’s pitcher Dave Stewart and Lonnie Murray, the first and only Black woman to be certified as a player agent by MLB." AASEG is "offering to purchase the city’s share for $92.5 million." The group wants to "redevelop the Coliseum into a space for a WNBA team," but also "continue to host Disney on Ice and concerts." Meanwhile, Stewart and Murray are "offering the city $115 million to purchase the Coliseum site into a thriving center focused on youth and amateur sports, Oakland’s culture and job generation." An Oakland Hall of Fame that "celebrates the city’s sports, culture and social justice legacy" would also "be a component" (S.F. CHRONICLE, 9/8).