If you want to see why many folks are skeptical about the Oakland A’s and Oakland Raiders both being able to build stadiums as part of a redevelopment of the current Coliseum site, check out these images, both courtesy of Newballpark.org. First, the original, now-discarded “Coliseum City” plan, which would have covered 800 acres on and around the current stadium site:
And now the latest 120-acre plan:
Notice what’s missing there? The vast majority of the housing development, aka “the stuff that you can actually make money on in the Bay Area.” As Newballpark.org’s Marine Layer notes, there’s still room for two stadiums on the smaller site, but you have to ask yourself: “If capital wasn’t biting at 800 acres and two stadia, why would they bite at 120 acres and two stadia?”
What about 120 acres and one stadium? That’s slightly more feasible, but we still need to see A’s owner Lew Wolff’s and Raiders owner Mark Davis’s actual financial plans for those — if it’s “120 acres of rent-free land and property tax exemptions and one stadium,” that’s not so hot a deal for Oakland. New city mayor Libby Schaaf has asked the two team owners for competing bids, anyway, so hopefully soon we can see if either is less craptacular than the other.