Oakland Mayor Sheng Thao to outline deal to sell share of Coliseum complex

Oakland Mayor Sheng Thao Announces Deal To Sell Sh News

Oakland Mayor Sheng Thao to outline deal to sell share of Coliseum complex
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Oakland Mayor Sheng Thao is speaking Tuesday after the city reached a deal to sell its share of the Coliseum complex site to a group planning for a massive entertainment, retail, and residential development.

The City of Oakland has reached a deal to sell their share of the Coliseum complex site where the Oakland Athletics currently play.Oakland Mayor Sheng Thao is speaking Tuesday after the city has reached a deal to sell their share of the Coliseum complex site where theIn the first line of Mayor Sheng Thao's statement, she addressed police and fire stations staying open saying this is not just a short-term solution. Had this deal not gone through, there was talk about lost public safety jobs.

In a statement, Mayor Thao says, "It's a deal that will lead to a multi-billion-dollar investment in East Oakland, which will bring business opportunities, affordable housing, tax revenue, and community benefits for decades to come."Andy Dolich is a former sports executive for the A's who co-authored the book, "Goodbye, Oakland."

He believes in Oakland but wants to know how this site will be brought back after what will be, the loss of all three of Oakland's professional teams.

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