Friday, March 11, 2011

Oakland Army Base Redevelopment Update - Phil Tagami Video Part 1

On Tuesday, this blogger visited California Commercial Investments Managing Partner Phil Tagami, who has been a friend of mine since 1990.

Tagami is the developer of the Fox Theater (where such groups as Coldplay and Green Day have performed) and The Rotunda (both in Downtown Oakland), sat down to talk with me about the progress his team, including AMB Realty, is making on the redevelopment of The Oakland Army Base in West Oakland into in a new town and facility called Oakland Global. The 300-acre project's in what is technically called an "Exclusive Negotiating Period," as of this writing.

It's a weird deal in that Phil's team could do a lot of work, from environmental studies to infrastructure planning, and still lose the right to continue the "ENA." There's no sign of that happening, however, and if it does, the City doesn't have a viable "second act" to effectively complete the work.

Print that.

Here's the Oakland Army Base Redevelopment Update video, which is 33 minutes long in total. This is blog post is "part one," because our talk is filled with jargon that has to be explained for the lay viewer, and will be in a follow up post. This blog post presents our talk. Here's the video:



Stay tuned.

No comments:

Post a Comment