Oakland port terminal to resume construction following lengthy trial

Jan 23, 2024
Source: 
Courthouse News

OAKLAND, Calif. (CN) — An Oakland developer will resume construction of a new bulk terminal on California’s third largest port during the next three years, following a six-month, two-phase bench trial. Alameda County Superior Court Judge Noël Wise ruled Tuesday that Oakland Global Rail Enterprise will not receive the nearly $160 million it claimed in lost profits. The decision came after Wise found the city of Oakland violated the ground lease on a parcel of public land adjacent to the Port of Oakland and the San Francisco Bay Bridge.

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