The Bay Area's transportation commission could approve purchase of a new regional government headquarters in San Francisco as early as Wednesday if an acquisition deal is negotiated by then.
The Bay Area Toll Authority, a sister agency of the Metropolitan Transportation Commission, has called a 9 a.m. meeting for the possibility of buying a building at 390 Main St. in San Francisco. The price was not disclosed, but MTC advisers place the building value at about $96 million.
Wednesday's meeting is at MTC headquarters, 101 Eighth St., Oakland.
Oakland city officials and several state lawmakers from the East Bay have opposed the plan to move the commission from Oakland to San Francisco. The California state auditor also is reviewing the building purchase, which will funded in part by toll revenue.
No deal had been reached as of Monday, but commission representatives are negotiating to buy the building from private investors, commission spokesman Randy Rentschler said.
The commission voted 10-6 last month to try to acquire the new headquarters.