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With funding commitments from the City of Oakland and major grant funding from the Federal Government, Transportation Commissions of the State of California and Alameda County, the City and Port of Oakland are leveraging significant private investment by transforming approximately 300 acres of the former Oakland Army Base into a modern logistics center and mixed-use redevelopment that will benefit the local, county-wide and regional jurisdictions by creating new public infrastructure and private development that will provide new jobs, fiscal returns and lower congestion on local streets and county-wide highways.
Public Improvement Public Funding Partners
In 2011 and 2012, the City of Oakland has committed approximately $45 million dollars for planning, pre-development and construction of Public Improvements;
- In 2012, the U.S. Department of Transportation awarded a Tiger 2 Planning Grant in the amount of approximately $1.6 million dollars towards the development of the approved site-wide master planning effort;
- In 2013, the State of California, California Transportation Commission approved a $176.3 million dollar Trade and Corridor Improvement Fund (TCIF) grant for the construction of Public Improvements at the former Oakland Army Base; and
- In 2016, the Alameda County Transportation Commission approved a $41 million dollar grant for the construction of Public Roadway Improvements at the former Oakland Army Base.
- In 2018, the Alameda County Transportation Commission approved a $5 million dollar grant for the construction of truck parking.
Use of Public Funds (Includes TCIF Segments 1 & 3)
· Air quality monitoring
· Environmental remediation
· Demolition of obsolete above and below grade structures
· Major earthwork and soils stabilization
· New underground utilities, roadways, and street improvements
· Pedestrian and bicycle pathways, lighting and landscaping
· Major rail and rail crossing improvements
· Truck parking
Private Investment / Development (Includes TCIF Segments 4 & 5)
· Trade and logistics facilities (Lease Disposition and Development Agreement – 66 Year Ground Leases
· Bulk cargo marine terminal (Lease Disposition and Development Agreement – 66 Year Ground Lease)
· Recycling facilities (Disposition and Development Agreements – Property Sale / Purchase)
· Truck parking operations and services (Lease Disposition and Development Agreement – 55-Year Ground Lease)
· Successful physical redevelopment
· Improved air quality & monitoring
· Improved rail operations
· Improved roadway safety & traffic relief on local streets and highways
· Minimum 50% local contracting for construction jobs and new permanent jobs
· Fiscal return benefits
· Community trust fund
· Long term Community Facilities District to maintain publicly funded public improvements
Current Construction Schedule
· Construction of Public Improvements began in October 2013
· Completion of Public Improvement by April 2019
· Completion of Private Improvements by June 2020
Recent Ground Breaking News
In November 2016, Prologis, the global leader in industrial real estate development and logistics started construction on the first of three state-of-the-art logistics facilities to be developed at the former Oakland Army Base. The first out-of-the-ground development totaling 250,000-square foot facility is part of the nearly one million square foot master planned, 160-acre Oakland Global Trade and Logistics Center. The first phrase of Prologis development is expected to be completed by mid-2017. Phases two and three will add another 410,000 square feet of new Class A industrial space. Meanwhile, the Port of Oakland is opening a 370,000 square foot refrigerated "Cool Port" warehouse and distribution facility. The new logistics cluster is anticipated to create thousands of new jobs while reducing truck traffic and pollution.
For more information, visit the Prologis website: www.prologis.com