Seattle Arena group offers to privately finance arena

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Re: Seattle Arena group offers to privately finance arena 

Post#21 » by Cactus Jack » Fri Mar 24, 2017 8:13 pm

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Not a surprising development. :roll:
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Re: Seattle Arena group offers to privately finance arena 

Post#22 » by Cactus Jack » Wed Apr 12, 2017 6:18 pm

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Re: Seattle Arena group offers to privately finance arena 

Post#23 » by spaceballer » Thu Apr 20, 2017 2:04 pm

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Spencer Hawes still fighting to bring back the Sonics.
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Re: Seattle Arena group offers to privately finance arena 

Post#24 » by spaceballer » Thu May 4, 2017 11:14 pm

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Re: Seattle Arena group offers to privately finance arena 

Post#25 » by Cactus Jack » Thu May 4, 2017 11:34 pm

spaceballer wrote:
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Unfortunately, the city is going to bypass Hansen & the Sodo project in order to fix Seattle Center (Their own pet project). OVG are in the lead & should get the go-ahead. I like a lot of fans hate the idea of another Coliseum renovation. But, it looks like we won't have much choice in the matter. Seattle politics at its best. :crazy:
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Re: Seattle Arena group offers to privately finance arena 

Post#26 » by wco81 » Thu May 4, 2017 11:35 pm

Are there more than one group presenting arena proposals?

Those renderings look like they're of different arena designs.
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Re: Seattle Arena group offers to privately finance arena 

Post#27 » by Cactus Jack » Thu May 4, 2017 11:43 pm

wco81 wrote:Are there more than one group presenting arena proposals?

Those renderings look like they're of different arena designs.

Yes, three separate groups. Two different locations.

One proposal at that location & two at the older Key Arena location. AEG & Oak View Group both have proposals to renovate the old Seattle Coliseum. Which is where the Sonics use to play at. Currently, the Seattle Storm & Seattle University basketball team plays at that location. But, its too small for professional hockey & needs to be completely re-done for NBA standards as well. Here is a link to the other proposals.

http://www.sonicsrising.com/2017/5/3/15528668/ovg-keyarena-seattle-proposal-more-public-funding

http://www.sonicsrising.com/2017/5/2/15510944/seattle-partners-keyarena-proposal-light-on-arena-details

Most fans would prefer it at the new location (Sodo). It's a far better location. With more parking & easy access, etc. But the City wants it at the other location, because its a city owned building. Seattle politicians make it harder than it really needs to be. Thus, we still are without a team. The process has been very frustrating to say the least.
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Re: Seattle Arena group offers to privately finance arena 

Post#28 » by wco81 » Thu May 4, 2017 11:47 pm

Do all 3 groups want to own the NBA and NHL teams or do any of them just want to own the new arena?

Seems like the trend is to have dedicated arenas for NBA and NHL, not share one arena for both teams. It would make more financial sense to share but there are occasional schedule conflicts, including same-day turnarounds where there's condensation from the ice on the wood floor for basketball.
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Re: Seattle Arena group offers to privately finance arena 

Post#29 » by Cactus Jack » Thu May 4, 2017 11:57 pm

wco81 wrote:Do all 3 groups want to own the NBA and NHL teams or do any of them just want to own the new arena?

Seems like the trend is to have dedicated arenas for NBA and NHL, not share one arena for both teams. It would make more financial sense to share but there are occasional schedule conflicts, including same-day turnarounds where there's condensation from the ice on the wood floor for basketball.

One of them (lead by Chris Hansen, same guy who tried to buy the Kings) wants to own a team. NBA team only tho. The other two, legally can't own teams (AEG, OVG). But, they have partnered with potential NHL owners. NO NBA however.

Only one group will likely get the approval. Majority of fans want the Sodo location & Hansen to win out. But, that's very unlikely to happen now. Instead, one of the two Key Arena options will get the green light. Meaning, Seattle won't get an NBA team soon, but will get hockey.
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