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Comments (35)
City Council reaches deal with investor for Seattle arena
The Seattle City Council and investor Chris Hansen have reached a tentative agreement to build an arena in Seattle's SoDo neighborhood.
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  • Hakuzen wrote...
    Chris Hansen is my new hero.
    GO SONICS!!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • JMGilday wrote...
    well played
    big stakes, big reward, big cajones Great job...
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Hectic wrote...
    I agree with Dori Monson
    This is one thing I don't mind spending a lot of tax dollars on, much better than art or something stupid like that.. This is something all tax payers will use.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • dquay wrote...
    GO SONICS!!!!!
    This is great news!!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Zagnut wrote...
    Sanity prevails.
    And hectic, for the record, the "lot of tax dollars" will come directly from the users of the arena, unlike the typical wasteful boondoggles that EVERYONE pays for.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Hectic wrote...
    Sort of
    The $200 million being spent is everyone's tax money; and arena revenue is supposed to pay it all back, but I'm not holding my breath. Seattle has a pretty sad history of profitable arenas and debt accumulation. (we are still paying for the Kingdome and the Key arena is sitting empty.) I'm all for supporting this project, but I'm not fooling myself as to who is paying for it; the taxpayers.
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  • Zagnut wrote...
    Hectic, actually you are fooling yourself.
    I'm happy you are for the project. Since the battle has been won, I'm going to stop wasting my energy explaining how zero dollars are coming out of the general fund, and there is NO risk for any taxpayer money other than those tax dollars that come directly from the arena.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • dbara43 wrote...
    Get Real
    We were still paying for the Kingdome because your corrupt Democrat politicians kept re-borrowing against it to get more money to flush down the public toilet. Literally. Like those $9 million public toilets in front of the King County Courthouse.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • SickofSeattleite wrote...
    how nice
    more reckless spending during tough economic times. I guess the people that have enough money to buy tickets and pay for parking will get to enjoy using it while everyone else pays for it. I like how it doesn't even get a vote any more. They just do whatever they want...gotta love politicians SPEND SPEND SPEND
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Frogsplash wrote...
    While everyone else gets to pay for it....????
    Explain this please.... How can people at this point even come up with stuff like this?
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Integrator wrote...
    @SickOfSeattleite
    how do you survive to adulthood being so ignorant of fact, its confounding to say the least. The Arena will be paid for by those attending the games, and the residual benefit to the neighborhood and community (jobs, increased spending in area bars and restaurants, parking, etc) will be there for the community to enjoy. Indeed, you pretty much have everything backwards. By the way, it's obvious that you've bought in to the confusing mantra of "smaller government, stop taxing and spending" but that's what government does, it taxes and spends for the good of the community. Get your head out of the hole and see the world for what it is. Oh, and Go Sonics!
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  • dbara43 wrote...
    Reckless?
    Reckless spending is when you flush it down the toilet, like 90% of public funding. This one actually builds something, adds jobs, and generates tax revenue.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • yummy sardine wrote...
    Thank you CH
    I'm not one to post much. But in this case i think you deserve a shout out for providing me with chuckles, starting with your 1st post on this subject. I will truly miss reading the incredibly stupid things you and Newton came up with the past few months. Thank you good sir.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Forrest wrote...
    The Republican Mantra "KEEP GOVERNMENT OUT OF BUSINESS"
    (unless it benefits the wealthy)
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Zagnut wrote...
    The Liberal Mantra "GROW GOVERNMENT, SPEND MONEY, SPEND MORE MONEY, AND THEN SPEND EVEN MORE MONEY"
    (unless it is a smart project that makes all the sense in the world, is virtually risk free, and will ultimately turn a nice profit for the taxpayers)
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • dbara43 wrote...
    LOL...
    You nailed it Zag...
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Ted Bundi wrote...
    Just how many bonds can be put up
    before the value of them diminishes? The city approves this but I live in King County? Where is my vote? I would vote to redo Key Arena.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Zagnut wrote...
    Ted, your comment is a great example of why it would be bad to have a vote.
    The masses are ignorant. FYI, the Key is not doable. And even if it was (which it isn't), there would be no place for a team to play while it is being remodeled. So it would have to be remodeled based on the speculation that a team will be acquired. Which would be insane.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • diverphil wrote...
    @Zagnut
    Keep Spreading the facts! The key is not doable. The footprint of the building will not work for the NBA or NHL. Mr. Hansen is still putting 4 plus million dollars into the key for upgrades to keep it viable for the Storm and other venues. The City Council has done there job to make sure the citizens of Seattle are protected.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Integrator wrote...
    @Ted
    You voted on the county council, and will get your chance to do so again in the near future. Isn't a Democratic Republic great?
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • sfk360 wrote...
    I'm interested
    To hear Newton's thoughts on these recent developments.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
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