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ABC News

Oakland A's to sell stake in Coliseum to local Black development group

ABC News
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Oakland A's to sell stake in Coliseum to local Black development group for $125 million .

The development group struck a deal in May to purchase the other 50% ownership interest from the city of Oakland for $105 million .

It plans for a “thriving sports, entertainment, educational and business district” on the property.

Developers have also discussed hotels, a restaurant row, open parks space and housing that is both affordable and market rate.