coliseumcity report 120213

8/13/2019 ColiseumCity Report 120213

1/11

^ JrHu. CUB*

CITY O F O K L N D GEN R PORT

T O : H O N O R A B L E B O A R D OF S U P E RV I SO R S D AT E : December 2, 2013A N D C I T Y C O U N C I L

F R O M : Susan S. Muranishi, County Administrator RE: Joint Meeting on Coliseum C ityDeanna J . Santana, C ity Administrator

R E C O M M E N D T I O N

The Alameda County Administrator and the Oakland City Administrator recommend that the

Board and Council:

Receive a Presentation and Engage Discussion on the Coliseum City Development Projectand Master Plan, its Goals and Framework, and Implications for the Use and Dispositionof Land which is Jointly Owned by the City and County

E X E C U T I V E S U M M RY

Staff from the County of Alameda and the City of Oakland are pleased at this opportunity todiscuss the effect of the Coliseum C ity development project on the City/County-owned Coliseum

t i i l j i t ti f th t l i l ti b di hi h i l l b ibilit


2/11

Susan S. Muranishi, County AdministratorDeanna J. Santana, Ci ty AdministratorSubject: Joint Meeting on Coliseum C ityDate: December 2, 2013 Page 2

the County and City wi l l work together to achieve our goals. Such a framework for howdecisions wil l be made by the governmental entities jointly and separately needs to speak to eachparty s roles in negotiations, assets held jointly and separately, and the benefits to be accrued tothe County and City fi*om he successful completion of our efforts. While reaching a commonframework for negotiation and decision making wil l not be simple, it is nonetheless essential,and staff are pleased that this first joint meeting affords us the opportunity to fully engage thisdiscussion.

Attachment A to this cover letter is a Power Point presentation that staff wi l l discuss at ourDecember 2 meeting. We look forward to elaborating upon it, answering questions andidentifying areas for further exploration, as we engage to jointly chart the best course for theCounty of Alameda and the City of Oakland in the Coliseum area.

Respectfully submitted.

/S / /S/Susan S. Muranishi Dearma J . SantanaCounty Administrator City AdministratorCounty of Alameda City of Oakland


3/11

Special Joint Meeting of the

Alameda County Board of Supervisors and the Oakland City Council

December 2, 2013

City Council Chambers

Item: 5

Special joint Meeting of the

Board of Supervisors and C i t y Counc i l

December 2, 2013


4/11

Agenda

Coliseum City Concept

Master Plan and Phasing

Goal and Key Elements of E N


5/11


6/11

Coliseum City Concept

Re-creation of a sports and entertainment district supported

by a complement of new private and public investments.

Area

Redevelopment of 230 acres anchored by Sports,Entertainment, commercial and Science and Technology

sector land uses.

Area B Redevelopment of 120 acres anchored by Sports,

the Science and Technology sector and Residential land uses.

Areas C and D Redevelopment of 330 acres for use by

Science and Technology Sector.


7/11

Coliseum City

Area A

Phase I

Area A

Phase II

Area A

Phase m

^ - , ~


8/11


9/11

ENA Goals E N to culminate in successfully Negotiating a Disposition

and Development Agreement (DDA) to include the

following elements:

> Enter into DDA as early as Summer 2014

Commitment of anchor tenants

Terms for the transfer of land

Schedule by which the development occurs

> Public and Private financial obligations, commitments and

benefits

Infrastructure cost and funding sources

Job creation and Community Benefits, including local hire


10/11

ENA Goals continued)

Retain the Oakland Raiders and Oakland based sports franchises

Provide support mechanisms to underwrite development of re-envisioned

Coliseum C i ty

Identify equity partners fo r development potential

Create Master Plan f or Coliseum C i t y vision

Provide necessary site infrastructure

Ensure development plan that addresses existing debt and provides capital

partners for new development

Negotiate deal with equitable distribution of financial responsibility

Address outstanding debt (Oakland-Alameda County Coliseum Complex

Improvements)


11/11

0

ENA Key ElementsAssemble a team w ith financial antl development capacity Colo ny Capital, Bay IG , J R D V and H K S (Completion by

Nov/2013)

Terms: 2 months with 6 month extension (Commenced Oc t/ 20 13)

Market Data Analysis:

Includes Primary Research Consumer Focus, One on One Interviews Marke t Research, Con joi nt Market Research

Analysis (Complet ion by Feb /2014)

Public Benefits Analysis:

Developer shall submit to the C i t y a public benefits analysis of the Projec t (Completi on by M a r / 2014)

Tenant Negotiations:

Bay IG on behalf of Developer shall use good fai th efforts to commence negotiations with the Oakland Raiders and

National Football League N F L ) , Oakland Athletics and Major League Baseball M L B ) , and the Golden State

Warriors and the National Basketball Association N B A ) (Commenced Nov/2013)

Infrastructure Investment:

Developer shall submit to a public infrastructure investment strategy (Completio n by Feb/20 14)

Property Negotiations:

Structure for Negotiations (Comple tion by Nov/ 2013)

Engage C i t y and County parties (Completion by jan/201 3)

Specific P la n / E I R / C E Q A (Not a part of Master Developer E N A Compl eti on by Summer 2014)

coliseumcity report 120213

Documents