05/10/2007 4:00 PM ET
A's construct new Cisco Field in Fremont, CA
Application process to begin with city of Fremont on 226 acres
OAKLAND -- Oakland Athletics owner Lew Wolff, Cisco and ProLogis announced today that they have signed land agreements enabling the Cisco Field ballpark process to move forward. The A's now have completed the land transaction and control 226-acres of land in the City of Fremont where the new Cisco Field ballpark and the urban village will be built. In addition, the A's will continue to work with the City staff on the steps necessary to commence the public application process.
"I am pleased that this important stage in our goal of creating Cisco Field and the Baseball Village is complete," said Wolff. "Our agreements with Cisco and ProLogis are a critical milestone in giving us the opportunity to create Major League Baseball's most exciting and intimate fan friendly venue. Our organization believes the development program we will implement will generate very positive benefits for the city of Fremont, Alameda County and the fans that we serve. Remaining in Alameda County and having an exciting venue will also impact the A's ability to attract and retain Major League Baseball talent."
"We are truly excited to begin the next phase of our strategic relationship with the A's," said Cisco Chairman and CEO John Chambers. "We believe Cisco Field will provide the Bay Area community and major league baseball fans alike with an experience that is unparalleled in sports today. By teaming with the A's, Cisco will be able to use technology to help create a ballpark of the future-and connect communities."
The 226-acres of land will include Cisco Field and urban village featuring an integrated mixed-use life-style center and pedestrian oriented residential community. Cisco Field will become a destination attraction for fans to enjoy the excitement of A's baseball in a setting that will combine the intimate feel of the venerable ballparks with the state-of-the-art amenities of today's sports venues. Cisco and the A's are committed to making the stadium eco-friendly. Cisco believes that through the use of network-enabled building systems, it is possible to substantially reduce the energy required to heat, cool, and power the stadium.
About Cisco Field
Last November, the A's announced that the baseball-only stadium will be named Cisco Field as part of a 30-year naming rights agreement.
Cisco Field will be located in Fremont, which is approximately 20 miles to the south of McAfee Coliseum, five miles north of the Santa Clara County line and 12 miles from downtown San Jose. With a population of over 210,000 people and an area of 92-square miles, Fremont is the fourth most populous city in the Bay Area and California's fifth largest city in the area. The ballpark site is located on the west side of Interstate 880 off the Auto Mall Parkway.
The partnership with Cisco includes a broad marketing and business agreement which will underscore the A's commitment to create a unique fan experience by leveraging network technology throughout the ballpark and franchise operation. Cisco Field will be one of the most technologically advanced stadiums in the world and will demonstrate the positive role technology can play in sports, entertainment and connecting communities. Cisco's technology will be used to enhance every facet of the stadium, from ticketing and concessions to the management of game day operations.
Groundbreaking on the project will commence once the A's gain approval from the City of Fremont. The estimated cost of the ballpark is between $400-500 million (excluding land) with construction time taking between 24-36 months.
Up to date information on the progress of Cisco Field can be obtained on the team's official website Oaklandathletics.com. Fans may also offer their suggestions regarding any aspect of Cisco Field through a special feedback section. Fans suggestions will be compiled on a weekly basis and forwarded to A's management.
The A's will continue to operate under its current lease agreement at McAfee Coliseum through the 2010 season, with the addition of three one-year club options through the 2013 season. Opened in 1966 and home of the A's since 1968, the Coliseum is the eighth oldest ballpark in the Major Leagues behind Fenway Park (1912), Wrigley Field (1916), Yankee Stadium (1923), RFK Stadium (1961), Dodger Stadium (1962), Shea Stadium (1964) and Angel Stadium (1966), although both Yankee Stadium and Angel Stadium have undergone significant baseball renovations over the years. The Coliseum is one of only four multi-purpose stadiums in the Major Leagues, including Dolphin Stadium in Miami, The Metrodome in Minneapolis and Rogers Centre in Toronto.
One of the American League's original franchises, the Athletics have won nine World Series championships and have captured 15 American League pennants. Only the New York Yankees (26) and St. Louis Cardinals (10) have won more World Series championships than the A's. Since 1968, the A's have captured four World Series titles, six American League pennants, 14 AL West Division titles and one AL Wild Card. The A's are one of the most community-minded teams in all of sports as the organization continues to support numerous charitable organizations in an effort to improve the quality of life of people throughout the Bay Area.
Headquartered in San Jose, Calif., Cisco, (NASDAQ: CSCO), is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.