Apr 1, 2015 1:02 PM by News Staff
OAKLAND, Calif. (AP) - City officials in Northern California are laying the groundwork for a long-anticipated development that includes sports stadiums for professional sports teams.
The San Francisco Chronicle reports Wednesday that the Oakland City Council approved environmental and planning measures for Coliseum City which could encompass 800 acres of waterfront land on the city's eastern rim.
This plan is the latest in a series of steps that the city and county must take before a developer, with exclusive negotiating rights to part of the site, can reach any agreement for new ballparks for the A's and Raiders.
"Coliseum city" would also include hotels, retail outlets, office parks, condo towers, and an estimated 20,000 permanent jobs.
Talks for the development have been ongoing since 2011, when the city first issued a request for proposals to redevelop the now barren area.
Information from: San Francisco Chronicle
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