With the A’s eyeing an eventual move to San Jose and the Warriors likely leaving for the San Francisco waterfront, the Coliseum Authority is pledging $1 million to study stadium proposals that would keep the remaining hometown team, the Raiders, in Oakland.
Dubbed “Coliseum City,” the proposal calls for a construction of an entertainment and sports district on the 1,000 acres of land where the O.co Coliseum and Oracle Arena now stand.
The project models itself after the vibrant L.A. Live development in downtown Los Angeles anchored by Staples Center that houses three professional sports teams. The development also has several entertainment options including a theater, restaurants and bars.
Although the Oakland-Alameda County Coliseum complex currently houses three professional teams, only the Oakland Raiders appear willing to look at future options at the site. [...]
The Oakland Raiders have agreed to work with city and county leaders in seeking studies to determine if Coliseum City is feasible. The team said it will help fund part of the $1 million approved Friday for two studies. [...]
The studies will include a site plan and development scenarios with a focus on the Raiders being the anchor tenant.
Sounds like the Coliseum Authority, which is a joint governing body between the City of Oakland and Alameda County, is getting a little desperate to keep professional sports in town. If only there was type of initiative, oh, say, five years ago. Hell, maybe even just two years ago.
Whatever the city, county and Raiders decide upon, if anything, Roger Goodell has said in the past that the NFL will be willing to front some of the costs on a new stadium effort.