Tuesday Must Read: Kaiser Gives $7.5 Million to Oakland Schools; Most of Jack London Square to be Sold

Stories you shouldn’t miss:

1. Oakland-based Kaiser Permanente announced that it’s donating $7.5 million to Oakland public schools to help fund campus health centers, the Trib and Chron report. The huge donation comes on top of large grants that the school district has already received for the health centers. The district plans to have fourteen of the clinics up and running by the end of the school year. In addition, about $1.5 million of the Kaiser grant will help fund district Superintendent Tony Smith’s initiative to improve the academic achievement of black male students.

2. Ellis Partners, the private owners of most of the buildings in Jack London Square, plan to sell 98.5 percent of their stake to Divco West, a San Francisco investment company, in an effort to jumpstart the foundering $400 million development, the Trib reports. The proposed deal is scheduled to go before the Oakland Port Commission this afternoon. If approved, Ellis Partners, which is co-run by developer Jim Falaschi, would continue to handle day-to-day operations of the square.

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