The Port of Oakland’s cargo volume should reach 2.6 million 20-foot containers by 2022, according to a newly released strategic plan.
In addition, the port’s airport is expected to serve 14 to 15 million passengers annually by then. As explained, both would be all-time highs for Oakland.
Presented on March 12, the port’s five-year strategic plan pairs business expansion with community benefits. Called “Growth with Care,” the plan envisions more jobs and economic stimulus as the port grows.
“We can grow, but we want our neighbors to grow with us,” Chris Lytle, Port of Oakland Executive Director, said in a preamble to the 21-page strategic document.
“We must conduct ourselves in the public interest for the public good,” Lytle added.
The port said its plan would serve as a blueprint for expansion into the next decade. Key elements of the plan include projections for record business volumes over five years in the port’s maritime and aviation businesses, large capital investments on major projects and an emphasis on sustainability to minimize the environmental impact of growth.
The strategic plan calls for 8 percent more containerized cargo volume in Oakland by 2022. The plan envisions cargo growth from two capital projects at the seaport. The first is a 283,000-square-foot refrigerated distribution center called Cool Port Oakland that opens this summer. Another 440,000-square-foot distribution center is planned at a nearby Seaport Logistics Complex.
At the airport, Oakland’s growth strategy is predicated on more flights – whether domestic or international.
The port’s third business – commercial real estate – will concentrate on maintaining high occupancy rates, according to the strategic plan. It will also support residential development planned in the port’s Jack London Square neighborhood.
Furthermore, a centerpiece of the strategic plan will be curbing diesel emissions. According to port data, truck emissions are down 98 percent since 2009 while vessel emissions have declined 76 percent. The strategic plan commits the port to an overall reduction of 85 percent by 2020.