$242 million approved for Oakland logistics project

Intermodal

Monday, August 27, 2012

The California Transportation Commission last week formally committed $242 million in state money for the redevelopment of the Oakland Army Base into a large logistics center. The port and city of Oakland are organizing the $1 billion project, which will include an intermodal yard to serve marine terminals operated by Ports America and the logistics park. The first phase of construction is estimated to cost nearly $500 million. The state funding comes from th...

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