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Old 05-22-2014, 10:37 AM
 
343 posts, read 334,449 times
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What does Mark Davis really want? | Newballpark
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Old 05-22-2014, 01:26 PM
 
Location: East Bay Area
1,994 posts, read 2,897,598 times
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Quote:
Originally Posted by Obamadon1 View Post
They certainly don't "have" $400 million in cash to contribute. They're counting development revenue from free land, naming rights, box sales, etc. I too could contribute a similar amount if the city gave me those things. There's still a huge, probably insurmountable gap between what the Raiders can pay and what a new stadium would cost.
Whether the $400 million figure includes a NFL contribution, or is just (naming rights, corporate sponsorships, seat license, etc) is unclear at the moment. But this how most, if not all NFL stadiums get built: through a combination of funding sources.

This does however, make the entire project much cheaper to build out.
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Old 05-22-2014, 02:13 PM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,072 posts, read 49,836,223 times
Reputation: 13924
Quote:
Originally Posted by Stephen1110 View Post
Also, the NFL will pitch in $200 million, as they did with the San Francisco 49ers. Whether the $400 million figure includes NFL's contribution or not is unclear.

Roger Goodell says NFL would help fund Oakland stadium for Raiders - ESPN
This is awesome.
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Old 05-22-2014, 03:16 PM
 
343 posts, read 334,449 times
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Quote:
Originally Posted by Stephen1110 View Post
Whether the $400 million figure includes a NFL contribution, or is just (naming rights, corporate sponsorships, seat license, etc) is unclear at the moment. But this how most, if not all NFL stadiums get built: through a combination of funding sources.

This does however, make the entire project much cheaper to build out.
Yes in that $600 million is less than $1 billion, but it is still $600 million more than the city could (or should) spend on a new NFL stadium.
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Old 05-23-2014, 01:40 PM
 
Location: East Bay Area
1,994 posts, read 2,897,598 times
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Quote:
Originally Posted by Obamadon1 View Post
Yes in that $600 million is less than $1 billion, but it is still $600 million more than the city could (or should) spend on a new NFL stadium.
This is where those foreign investors step in.....

Just a thought...I like the idea of constructing a stadium heavily inspired by the Roman Colosseum. It would stand out amongst all professional sport venues.


http://www.tawbaware.com/maxlyons/RO...m_at_Night.jpg
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Old 05-23-2014, 01:44 PM
 
Location: East Bay Area
1,994 posts, read 2,897,598 times
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East Bay condo hotspots see 80 percent price jumps while inventory evaporates

Quote:
Top Zip Codes for Condo Appreciation:

94607: West Oakland.
94608: Emeryville.
94609: Temescal.
94612: Uptown and Lake Merritt area.
Quote:
The East Bay has always attracted buyers from San Francisco for homes, but Read said he’s seen their frequency triple in the current cycle.
“About a third of our buyers are from San Francisco, whereas ten years ago it was 10 percent,” he said.
East Bay condo hotspots see 80 percent price jumps while inventory evaporates - San Francisco Business Times
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Old 05-23-2014, 05:16 PM
 
Location: Oakland, CA
1,148 posts, read 2,412,732 times
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Citywise: Oakland to spend $30 million in tax revenue on public safety - Inside Bay Area
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Old 06-02-2014, 10:42 PM
 
Location: East Bay Area
1,994 posts, read 2,897,598 times
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Luxury Home Sales Up in Oakland
Quote:
Oakland, California ($2.1 million): Luxury home sales are up 96.2 percent while the balance is up 2.2 percent.
Redfin: Portland loves its luxe homes - Portland Business Journal
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Old 06-03-2014, 02:25 AM
 
Location: East Bay Area
1,994 posts, read 2,897,598 times
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Lampwork Lofts Project Illuminating West Oakland

Quote:
Lampwork Lofts, a $25.2 million conversion of a century-old historic factory into 92 apartments, will open its doors to residents as early as July 1. Oakland-based developer Madison Park Financial Corp. recently began marketing the apartments, and as of late May tenants had signed 11 leases, said Bob Huff, project manager for the firm.
Lampwork Lofts Project Illuminating West Oakland | The Registry
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Old 06-03-2014, 08:19 PM
 
Location: Oakland, CA
1,148 posts, read 2,412,732 times
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New Multidisciplinary Arts Space The Flight Deck Opens in Uptown | East Bay Express
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