Coliseum

The Coliseum Project Area is by far the largest-sized redevelopment area in the city. It incorporates areas associated with Network Associates Coliseum, the Oakland Airport, the commercial corridor along International Blvd., and most of the city's industrial land along the estuary. While this redevelopment area is relatively new (created in 1995), there has been a significant amount of activity in this area, second only to the Central District. Much of this activity has been focused around the airport and surrounding areas, the Coliseum, and the Fruitvale Transit Station.

• Description of Project Area
• Contacts
• Projects within Redevelopment Area
• Financial Information
• Demographic Information

Description of Project Area

Date Created: 1995
Created by Ordinance/Resolution: Ordinance No. 11824, C.M.S.
Redevelopment Plan Approved: July, 25 1995; Amended July 29, 1997 to include Elmhurst and 77th Ave Redevelopment Areas
Plan Termination Date: July 25, 2025 (amendment expires July 29, 2027 )
Subject to 1993 Reforms: Yes
Tax Increment Revenue Limit: No Limit
Size: 6,764 Acres (approx 11 sq. mi)
Location (general): Southern city border to 22nd Ave and Estuary/Airport to International Blvd (E 14th St.)

• Redevelopment Plan (12.1 MB)
• Amendment #1 to Redevelopment Plan (3 MB)

Contacts

Community Economic Development Agency Staff:  

Gregory Hunter
Coliseum Redevelopment Area Manager
(510) 238-2992
ghunter@oaklandnet.com

City of Oakland Coliseum webpage

Redevelopment Area Projects

Complete

• Airport Gateway/Hegenberger Road and 98th Avenue Streetscape Improvements
• Rainin Instruments
• Zhone Technologies Corporate Campus
• Damon Slough / MLK Shoreline Public Access Park
• Fruitvale Transit Village
• Home Depot
• Chavez Education Center
• Coliseum Lexus of Oakland

Underway

• Oakland Infiniti Dealership
• Oakland Coliseum Intercity Amtrak Station
• Doolittle Drive and Airport Access Road Streetscape Improvements
• Coliseum Transit Hub Streetscape Improvements
• Coliseum Garden Mixed Income Housing Development
• Hegenberger Gateway Shopping Center
• Neighborhood Commercial Revitalization

Proposed

• Oakland Airport Connector
• Coliseum BART Station Area Transit Oriented Development Concept Plan

Financial Information

Tax Increment (TIF) Revenue

	FY 95-96	FY 96-97	FY 97-98	FY 98-99	FY 99-00
Gross TIF **		$888,569	$1,581,075	$2,933,236	$5,933,487
Payments to Other Agencies		$177,714	$316,215	$0	$0
Set-Asides			$411,080	$821,306	$1,661,376
Net TIF			$853,781	$2,111,930	$4,272,111
	FY 00-01	FY 01-02	FY 02-03	FY 03-04*	FY 04-05*
Gross TIF **	$6,422,964	$9,853,237	$11,371,947	$10,897,481	$11,169,919
Payments to Other Agencies	$1,284,593	$1,970,647	$2,274,389	$2,179,496	$2,233,984
Set-Asides	$1,669,971	$2,561,842	$3,785,721	$3,912,196	$4,110,530
Net TIF	$3,468,401	$5,320,748	$5,311,836	$4,805,789	$4,825,405
* Projected in ORA Budget for FY 2003-2005 * *From State Controller “Community Redevelopment Agencies Annual Report”

Set-Asides

	FY 95-96	FY 96-97	FY 97-98	FY 98-99	FY 99-00
Housing Set Aside		$177,714	$316,215	$586,647	$1,186,697
ERAF Shift	$0	$0	$0	$0	$0
School Set Aside			$94,865	$234,659	$474,679
Total Set Asides			$411,080	$821,306	$1,661,376
	FY 00-01	FY 01-02	FY 02-03	FY 03-04*	FY 04-05*
Housing Set Aside	$1,284,593	$1,970,647	$2,842,987	$2,724,370	$2,792,480
ERAF Shift	$0	$0	$352,530	$653,849	$781,894
School Set Aside	$385,378	$591,194	$590,204	$533,977	$536,156
Total Set Asides	$1,669,971	$2,561,842	$3,785,721	$3,912,196	$4,110,530
* Projected in ORA Budget for FY 2003-2005

Bonds  

Bond Name/Type	Issuing Agency	Date	Maturity Date	Principal Outstanding (as of 7/1/2005 )*
Tax Allocation Refunding Bond	Wells Fargo Bank	1/7/2003	9/1/2033	$22,700,000
* Projected in ORA Budget for FY 2003-2005

Total Debt (As of 7/1/2005)

Total Bonded Debt	$ 22,700,000
Other Debt	$ 2,573,481
Total Debt	$ 25,273,481

TIF Projections

	FY 04-05	FY 05-06	FY 06-07	FY 07-08	FY 08-09	FY 09-10
Yearly Incremental Revenue	$971,604	$1,019,182	$1,067,711	$1,117,211	$1,167,701	$1,219,200
Total Gross TIF Revenue	$11,406,000	$11,956,000	$12,517,000	$13,089,000	$13,672,000	$14,266,000
Total Net TIF Revenue	$5,508,000	$5,774,000	$5,967,000	$6,164,000	$6,356,000	$6,552,000
From 2003 Tax Allocating Bonds, page 45

Demographics

	Coliseum
	1990	2000	% change
Total population	32,156	38,511	20
Race
% White	12	20
% Black	65	42
% Am. Indian/Alaskan Native	0	1
% Asian/Pacific Islander	7	5
% Other	16	26
% Two or more races	N/A	5
% Hispanic	24	42
Income
Mean Household Income (1999 $)	33,656	40,711	21
% Persons Below Pov.	25	24
Employment
% Labor Force Unemployed	16	14
% 16 yrs+ not in labor force	47	49
Housing
% Owner occupied housing units	45	44
% HH paying > 30% of income for housing	45	43
Mean value of owner occ. housing units (2000 $)	115,553	130,608	13
Educational attainment
% 25 yrs. + with HS deg. or higher	56	52
% 25 yrs. + with bach. deg. or higher	6	7
Source: US Census Bureau, Summary File 3, 1990 and 2000