Oakland Gets Closer to New NFL Stadium

Cities need you. Support Next City and have your gift matched.Donate

Oakland Gets Closer to New NFL Stadium

City Council approves $1.3 billion plan. 

Oakland Coliseum (AP Photo/Tony Avelar)

The city of Oakland has a plan to keep local NFL team the Raiders in town: a $1.3 billion stadium that includes $350 million in public money. SFGate.com reports that the Oakland City Council and the Alameda County Board of Supervisors voted Tuesday to approve opening negotiations with an investment group on the project. The approvals give the investors — headed by NFL stars Ronnie Lott and Rodney Peete — the right to negotiate on a formal agreement for the stadium.

Under the new plan, the city and county would chip in 105 acres, valued at about $150 million, at the site of the Oakland Coliseum, where developers would put a new stadium and parking lot. Oakland would also put $200 million into infrastructure such as roads, lighting and utilities. The city says this money would come from tax revenue generated by the stadium project and ancillary mixed-use development.

Despite the vote, there’s no guarantee the Raiders will stay in Oakland. Team owner Mark Davis previously said they’d move to Las Vegas, where a $1.9 billion stadium deal awaits. This year, the NFL’s Rams left St. Louis for L.A. thanks to a new stadium deal.

Several speakers at the Oakland City Council meeting urged caution and said officials should at least negotiate jobs and affordable housing as part of the deal. While the mayor and assistant city administrator have both promised that the proposed deal would not put taxpayer money at risk, many worry the city will use critical public funds to support a professional football team. The city says that including private investors in the deal will make it pay out for the city in the long run, but past studies have shown that sports teams often don’t have the positive economic impacts promised.

“The city of Oakland doesn’t have $350 million to spend on the Raiders,” civil rights attorney and activist Dan Siegel said at the meeting. “They’re free to come back on their own dime.”

Kelsey E. Thomas is a writer and editor based in the most upper-left corner of the country. She writes about urban policy, equitable development and the outdoors (but also about nearly everything else) with a focus on solutions-oriented journalism. She is a former associate editor and current contributing editor at Next City.

Follow Kelsey

Tags: oaklandstadiumsstadium welfare

×
Next City App Never Miss A StoryDownload our app ×
×

You've reached your monthly limit of three free stories.

This is not a paywall. Become a free or sustaining member to continue reading.

  • Read unlimited stories each month
  • Our email newsletter
  • Webinars and ebooks in one click
  • Our Solutions of the Year magazine
  • Support solutions journalism and preserve access to all readers who work to liberate cities

Join 838 other sustainers such as:

  • Anonymous in Shreveport, LA at $5/Month
  • Karis in Rocky River, OH at $100/Year
  • Jolene in Chicago, IL at $75/Year

Already a member? Log in here. U.S. donations are tax-deductible minus the value of thank-you gifts. Questions? Learn more about our membership options.

or pay by credit card:

All members are automatically signed-up to our email newsletter. You can unsubscribe with one-click at any time.

  • Donate $20 or $5/Month

    The 21 Best Solutions of 2021 special edition magazine

  • Donate $40 or $10/Month

    Brave New Home by Diana Lind