THE OAKLAND ARMY BASE is among the biggest parcels on the East Bay waterfront appropriate for redevelopment. The City and Port of Oakland have signed a negotiating agreement with the California Capital Group and AMB Property to propose a new development scheme for the 300+ acre site. The initial proposal contemplates a $1 billion project that will generate over 3,000 new jobs, clean up contamination, rejuvenate the Port’s operations, and reinforce the vital connection between Oakland and its port. Mr. Tagami will present an update on the project and provide an overview of the significant opportunities and challenges it promises.

A Q& A session will follow the presentation.

PHIL TAGAMI is the Managing General Partner of California Commercial Investments and California Capital Group. Over the past 18 years, Mr. Tagami has managed millions of dollars of rehabilitation and new construction and has been involved in every facet of the planning, real estate, brokerage, and development process. Among his major contributions to Oakland are the restorations of the historic Rotunda Building and the Fox Oakland Theater.
He has served on the on the California Transportation Commission, California State Park and Recreation Commission, the Board of Port Commissioners for the Port of Oakland, and numerous other public-service positions.