Tuesday, July 14th, 1:30pm in Hearing Room One at the City of Oakland CEDA Committee Meeting , the Committee members will hear a staff report regarding the Army Base Master Developer selection.
Staff is recommending an Exclusive Negotiating Agreement ("ENA") with AMB Property Corporation / California Capital Group ("AMB/CCG ") regarding a proposed development of a mixed-use project consisting of logistics, industrial, office, project-serving retail and other uses mandated by the Agency on up to 135 acres of the former Oakland Army Base (“OAB”).
Here are the two proposals for redeveloping the Oakland Army base:
Major elements: 506,000 square feet of industrial, loading and logistics space, 397,000 square feet of R&D space, 34,000 square feet of retail, 133,000 square feet for the Oakland Film Center, 205,000 square foot produce market, 1.15 million square feet of Class A office space, 16.5 acres of open space.Jobs created: 3,288.Cost: $572 million.
Federal Development/Em Johnson Interest
Major elements: 600,000 square feet of large format and outlet retail, 85,000 square foot entertainment facility, 700,000 square feet of R&D and office, 136,000 for the Oakland Film Center, 215,000-square-foot produce market, 25,000-square-foot art studio and gallery, 12,000-square-foot ferry landing, 30 acres of open space.Jobs created: 4,266.Cost: $687 million.
SOURCE: City of Oakland.
On Thursday, July 16th, 12:00 Noon in the Board Room the Maritime Committee will review a Exclusive Negotiating Agreement ("ENA") with AMB/CCG for the Purpose of Negotiating the Final Forms of an Option Agreement and a Master Lease Agreement for a portion of the former Oakland Army Base (“OAB”) and Other Lands that comprise approximately 168 Acres.