Talks have begun to develop the next phase of a 170-acre Seaport Logistics Complex at the Port of Oakland. Port Commissioners gave the go-ahead last night, authorizing exclusive negotiations between the Port and industrial real estate developer CenterPoint Properties.
The Port and developer were given six months to reach agreement on building a portion of the complex. The new project would encompass 20 acres of Port property. It would include transload and cross-dock facilities where importers could swiftly transfer containerized cargo from ships to trains. CenterPoint, a major developer of transportation-related real estate projects, would build and lease the facilities to tenants involved in international logistics.
The 20-acre facility will be built on land acquired by the Port at a decommissioned army base. It will be adjacent to phase one of the Seaport Logistics Complex, a 13-track rail yard that’s nearing completion.
Port officials said they’re creating the largest logistics complex at any West Coast U.S. port. It’s intended to make the Port of Oakland a magnet to attract additional containerized cargo volume. In subsequent phases of development, the Port plans to construct a regional distribution center and warehouses at the complex.
