The Port of Oakland published a 5-year strategic plan today that links business expansion with community benefits. Called “Growth with Care,” the plan envisions more jobs and economic stimulus as the Port grows.
According to the plan, Oakland cargo volume should reach 2.6 million 20-foot containers by 2022. The Port’s Oakland International Airport is expected to serve 14-to-15 million passengers annually by then. Both would be records for Oakland.
The plan also calls for 8% more containerized cargo volume in Oakland by 2022. Airport passenger traffic should increase between 12 and 20% in the same timeframe.
Moreover, cargo growth is expected 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.
The Port’s third business, Commercial Real Estate, will try to maintaining high occupancy rates. It will also support residential development planned in the Port’s Jack London Square neighborhood.
A key element of the strategic plan will be reducing diesel emissions. According to Port data, truck emissions are down 98% since 2009 while vessel emissions have declined 76%. The strategic plan commits the Port to achieve an overall reduction of 85% by 2020.