This week marked a big milestone for the future of pro sports and live entertainment in Seattle as the City Council approved a new $660 million deal to renovate Key Arena, signed by Mayor Jenny Durkan today.
It’s the latest chapter in a decade-long saga that started after Seattle’s NBA franchise departed to Oklahoma City in 2008. Numerous high-powered groups and individuals have been involved in the process of building a potential new stadium in Seattle, including former Microsoft CEO Steve Ballmer, who was part of a ownership group that nearly brought the NBA back to Seattle in 2013.
But the city has now put its faith in Oak View Group, a Los Angeles-based organization led by Tim Leiweke, a sports industry veteran who has experience building new arenas across the globe.
- Comment