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Arena Proposal

Documents

April 16

City of Seattle and ArenaCo reach agreement governing investments to KeyArena in preparation for NBA basketball and facility operations

  • ArenaCo pays use fees of $2 million annually to the city, over three times the net revenue realized in 2012 at KeyArena
  • Maintains all city employee jobs at KeyArena
  • ArenaCo commits to a minimum of $3 million in permanent capital improvements
  • Read the press release

October 18, 2012

City Council approves a Memorandum of Understanding with King County and ArenaCo and an Interlocal Agreement with King County.

June 18, 2012

Chris Hansen's letter announcing Ballmer and Nordstroms as part of the Arena investor group - Acrobat PDF

May 23, 2012

Seattle Department of Transportation (SDOT) releases the Seattle Arena transportation study completed by Parametrix. 

May 16, 2012

Executive, Mayor and Chris Hansen reach agreements that govern financing for multi-purpose arena in Seattle’s Stadium District

Additional Documents

Review Panel Materials - 2/16/2012 - 5/16/2012

About the Self-Funded Arena Proposal - 2/16/2012



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