The Port of Oakland is honing in on which company will determine the future of Howard Terminal.
Oakland’s port authority, which began seeking ideas for the terminal’s redevelopment last year, has whittled down the possible developers to nine companies, the San Francisco Business Times reported.
The 55-acre site was once slated to be a mixed-use development surrounding a new ballpark for the A’s before the MLB team announced its move to Las Vegas. Firms in the running to redevelop the location include sports businesses and industrial players as well as real estate investors and green tech companies.
Trammell Crow Company, Pacific Maritime Association, Oakland Roots Sports Club, Industrial Realty Group, GreenCharge Mobility, Glovis America, Deca Companies, Outrigger Industrial and Vistra Corporation are all vying for the job. More than 100 companies expressed interest in redeveloping the site, including real estate giants Prologis and Brookfield.
CBRE-owned Trammell Crow views the redevelopment of Howard Terminal as an “incredibly significant project for the East Bay,” the company’s Northern California market leader Adam Voelker said.
The Oakland Roots Soccer Club submitted a proposal to build a 25,000-seat soccer stadium at Howard Terminal. The plans call for initially building a temporary structure while the permanent stadium is under construction.
The A’s’ certified environmental report could be used by a developer looking to build a sports stadium. The A’s’ plans called for thousands of homes, millions of square feet of commercial space and various public amenities. The baseball team was in an exclusive negotiation agreement with the port, but it expired in May 2023, leaving a big question mark on the future of the site.
It will likely be several more months before the Port of Oakland chooses a finalist for the redevelopment effort. Tariffs, changes in global supply chains and increasing construction costs have already proven to be an obstacle for some, however, with a few proposals becoming financially infeasible and being withdrawn from consideration.
For now, Howard Terminal is being used largely for short-term property rental agreements for container parking, depot operations and other maritime uses.
— Chris Malone Méndez
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