Next week will be a crucial one for Chris Hansen’s proposed Seattle NBA arena, as the city will consider a request to close down part of a street to make way for the potential NBA facility — but plenty of hurdles remain. (more…)
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Seattle arena plan to be unveiled today
A financial plan for a new Seattle arena — a core component in hopes of bringing the NBA back to the Emerald City — could be unveiled today by Mayor Mike McGinn. Hedge-fund manager Chris Hansen has been working with the city on a financial plan for a new arena in the Safeco Field area. […]
Interest in new arena simmering in Seattle
Investors have approached Seattle officials about a privately financed new arena in the Safeco Field area — an effort that could bring the NBA or NHL to the Emerald City. There aren’t many details forthcoming about the group, although it apparently includes former Sonics GM Wally Walker, as well as an investor who controls land […]
Seattle arena effort suffers funding setback
A Washington State Senate committee approved an extension of sales taxes that helped pay for Safeco Field and Qwest Field, but in a blow to NBA arena advocates slipped in a provision that bars the use of future tax proceeds for a new or renovated arena — or any other sporting facility. Advocates had eyed […]
