Thursday Must Reads: Oakland Moves Forward with Coliseum City; Governor Blocks AC Transit Strike

Stories you shouldn’t miss:

1. The Oakland City Council voted unanimously to move forward with a wealthy investment team that is interested in bankrolling the proposed Coliseum City project, the Trib reports. The investment team includes Rashid Al Malik, a Dubai-based businessman, and Colony Capital, the third largest privately held real estate company in the world. Coliseum City would include entertainment venues, retail, restaurants, bars, and housing, along with a new stadium for the Oakland Raiders and perhaps new facilities for the A’s and Warriors.

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Coliseum City

  • Coliseum City

2. Governor Jerry Brown blocked a strike planned for today by AC Transit drivers, the Chron reports. Brown appointed a fact-finding panel that will investigate the labor dispute between the transit agency and its employees over the next week, and then likely will call for a sixty-day cooling off period.

3. BART management and employees, meanwhile, continue to negotiate at the bargaining table with the help of a federal mediator who has been praised by union leaders for setting “a different kind of tone” during the talks, the Chron reports. The transit agency’s combative chief negotiator Thomas Hock has taken a less active role this week during bargaining.

4. Yosemite and four hundred other national parks reopened today after the Senate reached a bipartisan deal to end the federal government shutdown and avoid a national default. The deal, which keeps Obamacare intact, also passed the GOP-controlled House, thanks to Democratic votes.

5. And the shutdown and default threat pushed by the Tea Party has badly damaged Republicans, especially House Speaker John Boehner, while it has empowered Democratic House leader Nancy Pelosi.

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