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Oakland Coliseum Is Sold as Developer Plans $5 Billion Overhaul

ALAMEDA COUNTY, CALIFORNIA, JUL 23 – Alameda County’s 50% Coliseum stake transfer to African American Sports and Entertainment Group aims to revitalize East Oakland with housing, retail, and sports, officials said.

Summary by Bloomberg
An Oakland-based developer has assumed full ownership of the Oakland-Alameda County Coliseum, paving the way for the revitalization of the deteriorating California complex.

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East Bay Times broke the news in Walnut Creek, United States on Tuesday, July 22, 2025.
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