Showing posts with label Seattle Sports Arena. Show all posts
Showing posts with label Seattle Sports Arena. Show all posts

Monday, September 24, 2018

Seattle City Council Approves Key Arena Remodel

The Seattle City Council, often accused of being anti business, anti sports and anti mainstream, has unanimously approved a remodel Seattle's Key Arena in a principally privately financed deal.  The new arena will be home to the Seattle Storm, who just won it's third championship, and hopefully an NHL expansion team.
The long range goal will be to bring an NBA franchise back to the area.
The last scheduled event in the Key in it's present form is an October 5th NBA game between the Golden State Warriors , featuring ex Sonic Kevin Durant and the Sacramento Kings, who at one time had been thought to have been ready to move to this area.

Wednesday, October 26, 2016

Chris Hansen Group Proposes All Private Financing

Chris Hansen shocked the area with a new proposal to get his sports arena project on track.  The bay area financier has proposed an all privately financed project.  This will make the current memorandum of understanding which was near expiration null and void.  It will, however, still require concessions from the Seattle City Council which include vacating one block of Occidental. Earlier this year, one vote stopped the vacation, and after bitterness from the fallout of the vote, As the vote coincidentally went across gender lines, many of the voters against the proposals found themselves inundated by death threat and insults.  In addition, the Port Of  Seattle, reportedly is dead set against the proposed locations.   Still others will question the logic of building an half billion dollar building with neither an NBA team or a Hockey team currently looming in the horizon.