realestate

Oakland's Howard Terminal: A New Era of Redevelopment Begins

A's Baseball Franchise Leaves Oakland Behind: A Look at the Athletics' Future in Las Vegas

A
s the Athletics depart for Las Vegas, the Port of Oakland is shifting its focus towards new development plans for the 50-acre Howard Terminal waterfront site at 1 Market Street. This site was once considered a prime location for keeping the team in town, but the Port of Oakland has now issued a new request for proposals for the site.

    According to a statement from Port of Oakland Chief Real Estate Officer Jonathan Veach, they are seeking development partners who can help create good-paying local jobs for the region while fully activating the Howard property. Residential development does not seem to be a priority for the port.

    The redevelopment plans will need to take into account the current state of the Howard Terminal, which has been closed since 2014 and is generally deemed in need of repair and environmental remediation. Any plans would require approval from the San Francisco Bay Conservation and Development Commission and other regulatory agencies.

    Oakland Mayor Sheng Thao has announced that her administration plans to reserve $375 million earmarked for infrastructure projects related to the Athletics' erstwhile proposal for a mixed-use plan centered around a ballpark. These funds could be used for a new redevelopment plan or directed towards nearby neighborhoods.

Oakland's Howard Terminal redevelopment site with cranes and waterfront construction underway.