OAKLAND — A study released Friday said the Oakland A’s proposed gondola system would generate more than half a billion dollars in economic benefits over its first decade in service.
The Bay Area Council Economic Institute study found an aerial transit system connecting downtown Oakland to Jack London Square will bring $685 million in benefits to Oakland, most of which from sales tax.
“A gondola provides a unique and important transportation solution for better connecting Oakland’s growing downtown and waterfront,” Jeff Bellisario, vice president of the Bay Area Council Economic Institute and lead author of the analysis, said in a statement.