Update 11:45 PM – Both Nina (in the comments) and Bryan (@wacchampions) pointed out that Matt Artz may have misinterpreted the capacity projection. It’s possible that 50,000 is only representative of regular seats. Some 6,000 club seats and other premium seating weren’t counted. At EBX, Steven Tavares sticks with the 50k number per AECOM’s David Stone. This blog and other media have picked up on the original report, so 50k is the number until we suss everything out in the feasibility study.
Update 5:00 PM – Matt Artz has a new article out, citing the cost of the stadium at $800 million.
I couldn’t make it out to the JPA presentation at Oakland City Hall today. Thankfully, others did. The Trib’s Matthew Artz tweeted this during the meeting:
— Matthew Artz (@Matthew_Artz) July 15, 2013
The feasibility study will be released to the public tomorrow, so for now we have observations from the media, citizens and fans at the meeting. Here’s what we’ve gathered so far:
- The stadium would have only a 50,000-seat capacity, down not just from the 63,000-seat full capacity of the Coliseum, but also smaller than the 53,250 seats at the tarped off Coliseum the Raiders announced would be configured for the upcoming 2013 season.
- The new stadium would cost $700 million to start and could go up based on how it is outfitted (dome, amenities).
- The Raiders’ share of the stadium is $300 million, which would include seat licenses and other forms of financing.
- The remaining $300-400 million (fuzzy) would have to come from a combination of corporate sponsorships and other commitments, and public financing.
- The presentation and discussion were focused solely on the Raiders stadium. There was little-to-no mention of the other two tenants.
The Raiders fan known as Dr. Death wore his regalia to the meeting and talked to Oakland Mayor Jean Quan afterwards.
The good doctor also interviewed a few fans and meeting attendees after the meeting. Listen to the below podcast to get a sense of what the discussion was like.
Despite the fact that the City, County, and Raiders are working on the Coliseum City vision, there’s an overwhelming feeling of discord among the parties. One party feels another is not trying hard enough, one criticizes another for not showing more commitment, issues about setting expectations, etc. It may be ugly under the surface, but it’s healthy. The only way to get a real consensus for whatever this vision is will be to talk through the issues, which at this point are mostly financial. It’s part of the adult conversation that I’ve been clamoring for and I’m glad to see that it’s happening. Maybe it will result in a full consensus that everyone feels is attainable. Perhaps it will cause one or more parties to lose interest. Either way it’s a vital part of the process. It’s long overdue.
There are some other concerns, chiefly about the size of the stadium and the public share. We’ll leave them alone for now until we get the details tomorrow. In the near term, the Chronicle’s Matier and Ross pose a big near term issue: architectural firm JRDV is looking for another $3 million to continue work on Coliseum City, which means that the JPA & City may have to go to the trough yet again. Then there’s this bombshell:
I was told yesterday by someone close to city council that “Mark Davis has said he is NOT resigning the coliseum lease extension….
— Dr.Death (@26DrDeath) July 13, 2013
That certainly brings a little more heat to everything now, doesn’t it? Maybe they can raid the scoreboard fund again. It’s not as if the scoreboard didn’t break in the middle of Friday night’s game.