$100 Million Gondola Could be New Transportation System in Oakland - NBC Southern California

$100 Million Gondola Could be New Transportation System in Oakland

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    NEWSLETTERS

    Oakland Gondola Tram Proposal Revealed

    There could be a new way to get around in Oakland via a gondola. A study by the Bay Area Council Economic Institute says the gondola would be a boost to tourism and could bring in $40 million in tax revenue. If approved from Caltrans the gondola would be built near Howard terminal, but the construction is still four years away is approved.

    (Published Saturday, Jan. 26, 2019)

    A new transportation system could be coming to Oakland.

    The Bay Area Council Economic Institute unveiled plans of a gondola Saturday that would transport passengers from downtown Oakland to Jack London Square near the Oakland A’s ballpark in less four minutes.

    The tram is expected to attract 50,000 tourists a year and is estimated to bring in $400 million in sales tax to the city, the institute said in a statement.

    "A gondola provides a unique and important transportation solution for better connecting Oakland’s growing downtown and waterfront," said Jeff Bellisario, Vice President of the Bay Area Council Economic Institute. "A gondola can serve as a major magnet for economic development, support the Oakland A’s exciting vision for a waterfront ballpark, attract tourists and other visitors and reduce commute times for thousands of workers."

    If the plan is approved by Caltrans and other agencies it will take four years to construct and is expected to cost $100 million.