What’s Fremont paying for the ballpark?
As it stands, nothing. Fremont’s role is to approve land rezoning that the A’s want (industrial-to-residential/commercial) to build 3,000+ homes on land previously owned by Cisco and ProLogis. The increase of property value for the land (225 acres) would mean increased profits from the sales of housing rights. A portion of those profits would be used to pay for the ballpark. There is some amount of additional infrastructure that needs to be built to support the project: a school, public park(s), possible pedestrian paths, trails, or bridges. It is uncertain what the cost of such facilities will be or who will bear the cost. The cost of building streets, sewers, and running utilities is typically borne by the developer. Cisco also has a 30-year, $120 million naming rights and technology deal with the A’s for Cisco Field.
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