KCBS News in the Bay Area is reporting that the A's will announce that they are preparing to move to Fremont on a 143 acre parcel of land currently owned by Cisco Systems Inc.
As reported, "Major League Baseball Commissioner Bud Selig is expected to come to the Bay Area next Tuesday, November 14, and is expected to make the announcement along with A's owner Lew Wolff, Fremont city officials, and executives from Cisco Systems, which will lease the land for the complex."
Prior plans have shown that the A's wish to build a 35,000 seat venue along with a mixed use Ballpark Village, but KCBS News is reporting that facility seating capacity will be 40,000. Given that the KCBS report had the A's Owner and Managing Partner's name as Lew "Wolfe", there is the possibility that the 40,000 seating capacity figure may be incorrect.
In related news, Owner and Managing Partner Lewis Wolff will participate in the grand opening of the A's and Earthquakes Soccer, LLC SouthBay office at the Fairmont San Jose on Wednesday. Also in attendance will be Earthquakes Soccer, LLC Executive Vice President David Alioto and Director of Business Development Ann Rodriguez along with Athletics President Michael Crowley.
Earlier this year, A’s Principle Owners Lewis Wolff and John Fisher reached an agreement with Major League Soccer in an attempt to bring professional soccer back to the Bay Area. As part of the exclusive option agreement, the A’s ownership group has three years to develop a soccer-specific stadium and purchase an MLS team.