Excerpt:

Leaders of Alameda’s marine and merchant communities said Wednesday they are overjoyed with the news that America’s Cup challenger of record Artemis Racing is planting its flag here on the Island.

“It’s a once-in-a-lifetime opportunity for Alameda,” said Encinal Yacht Club Commodore Victor Early.

Early and others said the team’s long-rumored arrival will build excitement for the America’s Cup here and provide visibility for Alameda and its marine community – along with a welcome economic boost when Artemis’s 70 team members and their families come to town.