Los Angeles-based Oak View Group announced a change to its design for what it's calling the "New Arena at Seattle Center" (NASC), removing an 850-stall parking garage along the arena's south side and replacing it with a pedestrian plaza. But the Seattle has been consumed by the idea of getting back the Sonics. As for the opening date: Oak View Group is pushing for June 1, 2021—and has put incentives in place for contractor Mortenson to get the job done by that August. The project team also revealed a scale model of the arena’s hockey setup (with a very elaborate light show reveal), which has 17,300-person capacity, which Leiweke said is “probably the middle of the pack”—set for Seattle’s upcoming hockey team. All Rights Reserved, This is a BETA experience. Even if they hadn't struggled to draw 2 million fans to a stadium that welcomed 3.3 million as recently has 2003, $180 million would be a tough price to pay. Never mind that the Mariners' wish list includes $501 toasters, $3 million in new furniture, and more parking at $100,000 per stall. The walls are going to be relatively steep, with the idea “getting close to the action,” said Johnsen. In addition to the hockey square footage, the arena is set to have 18,600-person capacity for basketball, plus 750,000 square feet of interior space. Safeco Field. The city will also have 14 rent-free days to use the arena, including for a four-day free medical clinic and for Bumbershoot. One of two groups vying to redevelop KeyArena into a state-of-the-art facility capable of hosting NBA and NHL franchises released a revamped proposal Wednesday after scrapping its plans for a large parking garage. "With great partnership and participation from local voices, OVG has decided to remove the above-grade parking structure located to the south of the NASC," Lopes added. PHOTOS: KeyArena renovation project continues “Collectively, we’re all building what we think will be the best arena in the country,” said Oakview Group Construction Executive Ken Johnsen. The winner, Oak View Group, is taking on the now-$700 million project with $40 million in tax-increment financing from ticket sales and another $50 million in federal historic preservation tax credits (the arena and surrounding Seattle Center hosted the 1962 World's Fair, after all). Here’s where to find them. Get above it all—literally—on your next vacation, with treehouses from Seattle to the San Juan Islands. In fact, Seattle’s arts community benefited again when two-straight Super Bowl appearances by the Seahawks within the last five years helped boost hotel tax revenue and paid off the $67.6 million in municipal bonds the city floated in 1994 to repair falling ceiling tiles from the Mariners’ and Seahawks’ old home at the Kingdome. The latest photos provide insight into how the venue will eventually look. But the Mariners are playing hardball with a 25-year lease that they say they'll only sign if they get the money they're asking for. Instead, it was able to convince two development groups to bid against each other to renovate existing Key Arena. The NBA rejected that plan, and Seattle itself soon soured on the idea of a new arena. Before the Sonics left, the city sued the Sonics ownership group and had the remaining debt on their home, Key Arena, paid off. Homelessness and affordable housing are drawing support away from stadium measures. Tod Leiweke was vague about the increase speaking to media Thursday, calling the project “epic.”, “We didn’t value engineer this project,” he said. Part of the sales and car-rental taxes that paid for the ballpark were shifted to arts, cultural and heritage programs in the city, which seemed to get some folks in Seattle thinking about the possibilities for that sports tax revenue. Seattle wanted the Sonics back, but is getting a bunch of hands in its pockets instead. It has been 10 years since Oklahoma City businessman Clayton Bennett took the Seattle Supersonics out of the Pacific Northwest and transformed them into the Oklahoma City Thunder. The opening date has also been pushed back, tentatively scheduled for the summer of 2021. Opinions expressed by Forbes Contributors are their own. ", RELATED: City, bidders apply full-court press for KeyArena renovation. ", "We believe that locating a world-class arena at the heart of Seattle Center is a uniquely transformative project that will redefine generations of fans and further showcase the cultural significance of the great Northwest," Leiweke said in the statement. Taxpayers financed a $74 million renovation of the arena nine years ago, when the Sonics were owned by Barry Ackerley. There is no ballpark, no land purchased for one, and – with Portland-area minor-league teams drawing fewer people per game (5,470) than its junior-league hockey team (6,016) – no real enthusiasm to bring back a sport the city kicked out of town for soccer. See also. The new Key Arena will be “absolutely state-of-the-art” revamp of KeyArena, from the way things function back-of-house, to updates to food services.
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