Plans to bring housing, a new convention center and possibly a WNBA team to the Oakland Coliseum moved one step ahead last week after a developer signed a deal to exclusively negotiate with the city to build on the high-profile site.
The African American Sports and Entertainment Group is also hoping to build a hotel, restaurants and an outdoor amphitheater for youth sports and educational programs at the site. Under their vision, the renovated Coliseum could welcome a WNBA team, music concerts and Disney on Ice events. Past estimates by AASEG put the pricetag of the development at north of $5 billion.
Credit: Source link