Tuesday, June 18, 2013 - Page updated at 06:42 p.m.
Proposed NBA/NHL arena in Seattle
In February 2012, Chris Hansen, a San Francisco hedge-fund manager who grew up in Seattle, announced a proposal to build a $490 million arena, to be funded in part by up to $200 million in public bonds. The deal went through city and county council review, and a revised version was approved by both councils on Oct. 16, 2012. The plan must pass an environmental review and an NBA team must be secured before the arena can break ground.
Follow the latest news in our NBA in Seattle blog.
Recent updates
Report: NHL’s Phoenix Coyotes could move to Seattle if local deal fails (June 16, 2013)
Seattle watches as Coyotes try to reach a deal to stay in Arizona (June 15, 2013)
Shawn Kemp helps hoop dreams come true (June 10, 2013)
ALAN BERNER / THE SEATTLE TIMES
Sonics Gary Payton, left, and Shawn Kemp were among the biggest sports stars in Seattle in the 1990s.
Before arena can be built, team must be secured
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This image looks south on First Avenue South toward the plaza of the proposed arena.
Architects unveil conceptual designs
HIGHLIGHTED STORIES
DEAN RUTZ / THE SEATTLE TIMES
Land just south of the Safeco Field parking garage has been acquired by multimillionaire Chris Hansen to build a new sports arena.
Chris Hansen proposes $490 million arena in Sodo
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ERIKA SCHULTZ / THE SEATTLE TIMES
Chris Hansen built a career as a respected financial analyst, and in 2008 he founded the hedge fund Valiant Capital Management in San Francisco. Its offices are in Steuart Tower, seen in the background.
Chris Hansen leads investor group that includes Ballmer, Nordstroms
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GREG GILBERT / THE SEATTLE TIMES
Trucks heading east and west on South Atlantic Street and Edgar Martinez Drive South are backed up for blocks. Truck activity at Terminal 46 and the surrounding streets near Safeco Field can be heavy at times during the day.
Mariners, Port, others object to Sodo location
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See all of our comprehensive coverage
From our columnists
Jerry Brewer
Seattle again playing the role of Leverage City(June 18, 2013)
David Stern's Seattle sucker punch shows we must stop being a pawn in NBA's game(May 15, 2013)
Maloofs' cunning backup plan puts NBA in no-win situation with Kings(May 13, 2013)
Rumble, Chris Hansen, rumble: He's right to fight the NBA for what he wants(May 6, 2013)
Yes, Greg Nickels deserves blame, but not all of it(April 20, 2013)
Danny Westneat
Game may be over if NBA says ‘no’(May 14, 2013)
Bidding war for Sonics a bit much for some locals(May 11, 2013)
Seattle nice is not the NBA way(April 30, 2013)
Sacramento plays hard for the NBA(April 9, 2013)
Telling the NBA off was just smart business(Jan. 22, 2013)
Steve Kelley
How NBA game has changed while game was away from Seattle(Jan. 24, 2013)
You can believe it now: NBA is coming back(Jan. 20, 2013)
Sacramento's NBA fans deserve better than this — just as Seattle's fans did(Jan. 10, 2013)
Chris Hansen takes high road as Mariners raise red flags over proposed arena(April 5, 2012)
Old-school Sonics fan delivers optimistic but realistic message(Feb. 15, 2012)
More
Ron Judd | Looks like NBA needs more time for greasing, fleecing(April 7, 2013)
Jon Talton | Seattle vs. Sacramento: The econ game(Jan. 24, 2013)
Jerry Large | Basketball adds another bounce to our step(Jan. 23, 2013)
Jon Talton | The arena, economics and not shooting ourselves in the foot(June 18, 2012)
Brier Dudley | Our tradition of tech riches funding pro sports goes on(May 13, 2012)
Seattle Times and Sacramento Bee reporters (Jan. 28, 2013)
Seattle City Councilmember Tim Burgess (Sept. 12, 2012)
Arena investor Chris Hansen and Dave Gering, executive director of the Manufacturing Industrial Council of Seattle (July 19, 2012)
Arena investor Chris Hansen (May 22, 2012)
Seattle Times reporters Steve Miletich and Bob Condotta (Feb. 14, 2012)
Explore the history of the NBA in Seattle, from the debut of the Sonics through the relocation to the current efforts to bring back a team.
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