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Developer Signs On For $5 Billion Plan to Overhaul Oakland Coliseum Stadium

The African American Sports and Entertainment Group Signs Development Agreement for High-Profile Project

OAKLAND, CA - JANUARY 1991:  An aerial view of the Oakland-Alameda County Coliseum and Arena.  (Getty Images)
OAKLAND, CA - JANUARY 1991: An aerial view of the Oakland-Alameda County Coliseum and Arena. (Getty Images)

Plans to redevelop the Oakland Coliseum stadium and about 100 acres of surrounding land are moving ahead now that city officials have reached an exclusive development agreement for the $5 billion megaproject.

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