When investor Phil Tagami first proposed building an export terminal in Oakland, California, more than a decade ago, he probably didn’t anticipate the firestorm of litigation and controversy that would follow, in a saga that has now spanned three presidential administrations. There were early rumors that the terminal would export coal, much to the consternation of local residents, but Tagami said in a newsletter that the naysayers were “misinformed.” It was all downhill from there.
Tagami and others entered into a development agreement with the city of Oakland in 2013 after the city decided to redevelop a defunct army base on the city’s west side. At the time, Tagami was adamant that the developers were interested in building an all-purpose bulk terminal and capturing some of the traffic that Oakland was losing to other West Coast ports. But two years later, Oakland residents and environmental groups had their suspicions confirmed when the Salt Lake Tribune reported that the developers had quietly entered into an agreement to use the terminal to ship coal from Utah to... Read more
