Oakland may be a step closer to biding farewell to its last remaining major downtown retailer. However, a deal to redevelop the old Sears building in Uptown into housing, a hotel and various retail outlets has fallen through.
A recently-obtained survey by the United States Navy indicates that radioactive contamination on San Francisco’s Treasure Island may be more widespread than previously thought, creating a potential snag for redevelopment plans.
The team filed a restraining order this week in an effort to stop Santa Clara County from spending the money, and the judge hearing the matter set a court date on the issue for next Tuesday.
On Thursday Mayor Ed Lee got down to the task of figuring out how to continue to fund affordable and workforce housing following the demise of the city’s redevelopment agency, which closed its doors Wednesday.
It’s official: redevelopment is dead in cities across California. San Jose, which identified the funds as its largest tool is being forced to deal with the loss of its once mighty redevelopment agency.
Oakland leaders have agreed to eliminate 105 city positions to fill a $28 million budget gap caused by the loss of state redevelopment money. However, last minute negotiations were able to save popular programs from deep cuts.
Occupy protesters shut down an Oakland City Council meeting Wednesday where lawmakers were supposed to hear public comment on plans to consolidate departments and lay off city workers.
Oakland Mayor Jean Quan proposed laying off at least 105 city employees Monday to help the city balance its budget in order to cope with the state’s decision to eliminate redevelopment agencies statewide.
The City of Oakland, of course, doesn’t have much money to spare for these costs – which weren’t a part of the budget.
The city of Oakland issued layoff notices Wednesday to 2,500 employees to cope with the state’s decision to eliminate redevelopment agencies statewide.