"Megadeveloper teams up with Oakland's billion-dollar stadium project" (Irvine: real estate, 2015)

[darkeconomist]

Megadeveloper teams up with Oakland's billion-dollar stadium project

unCal, the giant real estate developer with a bulging list of potentially massive projects, is working with the Oakland Raiders on site review work for a new stadium in Coliseum City.

But whether the closely held, Irvine-based company is pursuing an expanded role in the development of Coliseum City — an 800-acre project including housing, retail, hotels, stadiums, parks and office and R&D space — is an open question. The company's work so far is limited to helping the Raiders determine if a 55,000-seat, $1.5 billion stadium, required parking and ancillary development can fit on the site of the current O.co Coliseum and Oracle Arena.

The addition of SunCal as a partner in Coliseum City's development — if it happens — would be a major sign that the potentially transformational project in the gritty East Oakland neighborhood is moving forward after three years of fits and false starts.

If New City makes a successful proposal that is approved by the city and county this summer, Coliseum City building permits could be issued as early as next year — if all goes perfectly — and the Raiders could be in a new stadium in time for the 2019 National Football League season.

"Coliseum City" Specific Plan http://www2.oaklandnet.com/Governmen...ning/OAK040453

Proposed land use map (PDF) http://www2.oaklandnet.com/oakca1/gr.../oak040746.pdf

[bigdumbgod]

Black Hole ain't goin' nowhere! Especially delightful if it comes to pass, given the exodus of the Wine and Cheese team from their city.

[sav858]

They should probably update those plans and get rid of that NBA arena as the Warriors are as good as gone pretty much.