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Agency paves the way for Oakland Athletics' $ 12 billion stadium plan

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The Associated Press

Associated Press

Olga R. Rodriguez

San Francisco (AP) — Thursday's California agency keeps Oakland Athletics planning a $ 12 billion waterfront stadium project Opened up.

The San Francisco Bay Conservation and Development Commission voted 23-2 to reclassify the 56-acre terminal at the Port of Oakland as a multipurpose area where new stadiums can be built. Voting is the first in a series of legal hurdles that a team must overcome before getting permission to undertake a project.

The Commission will follow staff recommendations and the team will exclude the terminal from port use "without compromising the region's ability to respond to the expected increase in cargo. I showed that.

Athletics is also moving to Nevada and is working on plans to find a new stadium location in Las Vegas.

Last year, the Auckland City Council approved preliminary terms for the project, but President Dave Kaval of A said the financial terms were not valid for the team. Cabal said the team is on a "parallel pass" and is planning new ballparks in Auckland and Las Vegas.

A's proposal includes a $ 1 billion privately funded waterfront stadium at Howard Terminal, which is currently used as an overflow parking lot for containers and trucks. The project will also include 3,000 residential units, office and retail spaces, hotel rooms and an indoor performance center.

The team's lease at the dilapidated RingCentral Coliseum will continue until 2024. The league states that rebuilding at its current location is not a viable option. In May, Major League Baseball instructed Auckland Brass to consider relocation options if a baseball field agreement could not be reached.

A is the last professional franchise to remain in Oakland after the recent move of the NBA's Golden State Warriors to San Francisco and the NFL's Raiders to Las Vegas. Asylum weighs heavily on the city of Bay Area, which has about 400,000 people, some of whom begged the council on Thursday to work harder to maintain the work of the team and the associated Coliseum.