Seattle unveils plans for new arena

Discussion in 'NHL General' started by truebluefan, Feb 17, 2012.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

    Joined:
    Apr 15, 2010
    Messages:
    212,768
    Likes Received:
    821
    Trophy Points:
    113
    Christopher Hansen is making a $290 million proposal to his hometown that could be the impetus for a new sports arena that could bring the NBA and NHL to Seattle.

    All he needs to make it a reality is city and county approval equaling $200 million and the two franchises.

    Hansen, a hedge-fund manager based in San Francisco and a Seattle native, submitted a proposal to the city Thursday that calls for $290 million in private investment toward the construction of a new arena that would cost between $450 million and $500 million.

    Hansen and his investment group also would be responsible for the purchase of an NBA franchise and finding a partner interested in bringing an NHL franchise to Seattle as well.

    Read more: http://espn.go.com/nba/story/_/id/7583317/seattle-announces-plans-new-sports-arena
     

Share This Page