Faced with a lack of redevelopment funds seized by the state, Oakland is dropping its plans for a new Athletics ballpark at Victory Court — leading the way for a move of the team to San Jose. Regular readers of Ballpark Digest have followed the issues posed to professional sports by the decision from the […]
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Oakland contemplates foreign investments to help fund A’s ballpark
With no redevelopment money available for a new ballpark, Oakland officials are floating a plan to use foreign investments to pay for new sporting facilities — including a new Athletics ballpark. It’s a wonky plan, to be sure. The federal EB-5 program basically allows foreign investors and their famlies to buy a green card if […]