new analysis estimates economic benefits of oakland a’s waterfront ballpark
The Oakland A’s proposed new stadium at Howard Terminal adjacent to Jack London Square could be a transformational investment for the City of Oakland. A new analysis by the Bay Area Council Economic Institute estimates the stadium and associated development around the new ballpark would generate $7.3 billion in economic benefits over the first 10 years for Oakland and support 6,119 jobs, not including the economic benefits from construction. Nor does it include the benefits from a gondola system that the A’s have proposed to carry passengers from downtown Oakland to Jack London Square, which the Economic Institute previously estimated would generate $685 million in economic benefit for the city over 10 years. The analysis comes as the Port of Oakland, which has authority over the 50-acre Howard Terminal site, is scheduled Monday (May 13) to decide whether to sign an exclusive negotiation term sheet with the A’s.