Chris Hansen’s group offers to redevelop Seattle’s KeyArena

Sep 7, 2017, 1:23 PM | Updated: 4:48 pm
An areial rendering of a redeveloped KeyArena as a flexible music venue with three theaters. (Sonics Arena Group)
(Sonics Arena Group)
LISTEN: Wally Walker talks about the benefits of redeveloping KeyArena

Chris Hansen and his group of investors are offering to revamp KeyArena after building the SoDo Arena, but the City of Seattle has already responded by essentially saying too late.

The City wrote:

Oak View Group’s proposal was the strongest of the two, so they were selected. If the SODO Arena Group was interested in redeveloping KeyArena, they should have submitted their proposal during the RFP process, which would have shown a willingness to work with the City on this project. They did not submit a proposal and continue to show no interest in working in partnership with the City.

The City says it’s working with the Oak View Group on a Memorandum of Understanding and plans to submit the MOU to the City Council shortly.

The RFP deadline was April 12, 2017.

“We believe our creative, privately financed proposal offers an ideal solution that ensures the continued vibrancy of the Seattle Center, while minimizing the negative impacts on the surrounding residents, businesses, and stakeholders,” the Sonics Arena Group wrote on its website.

The proposal includes a 6,200-seat indoor concert venue on one side and 3,000-seat outdoor amphitheater. They would also raise the floor and add over 500 permanent parking stalls for events. The Sonics Arena Group believes it would help reduce traffic and transportation impacts in Seattle’s Lower Queen Anne neighborhood.

“We felt compelled to offer an alternative solution that we believe better meets the needs of the City, the Seattle Center, the Lower Queen Anne neighborhood and prospective professional sports’ tenants.”

Under this proposal, the result would be three arenas — The SoDo Sports Arena, The Seattle Center Concert Venue, and The Seattle Center Amphitheater — which the Sonics Arena Group believes would be a better option than a “single, site-challenged sports venue at KeyArena.”

Hansen’s group promised to privately finance “all construction costs, ongoing capital improvement costs, and cost overruns.”

They say there should be a temporary waiver of admissions taxes on the arena if the NBA or NHL plays at the new KeyArena while the SoDo Arena is under construction.

Arena investor Wally Walker told KIRO Radio’s Dori Monson said their goal is to keep talking about the issue and explaining the benefits of their plan to taxpayers. He believes this plan will be hard for local politicians to ignore.

“If they’re really open minded and don’t have another agenda other than what’s best for the city, the taxpayers and for attracting the NBA and NHL, and now for the music business and industry as well,” he said.

Another investor, Russell Wilson, is thrilled about the latest in what’s becoming a battle to bring back the NBA.

Local News

(Photo credit should read JASON REDMOND/AFP via Getty Images)...
MyNorthwest Staff

Seattle Airport expects more than 150,000 travelers per day this holiday weekend

This holiday weekend, air travelers should be prepared to face delays as large amounts of people are expected to pass through Seattle Airport. 
14 hours ago
(KIRO 7)...
KIRO Newsradio Newsdesk

Judge revokes release of Pierce County Sheriff Ed Troyer, orders $100,000 bail

Pierce County Sheriff Ed Troyer had to post $100,000 bail to stay out of jail today as he awaits trial for charges of false reporting.
2 days ago
Follow @http://twitter.com/Mynorthwest...
MyNorthwest Staff

Initiative to decriminalize drug possession fails to make November ballot

A statewide initiative that sought to decriminalize drug possession in Washington State won’t be on the November 2022 ballot.
2 days ago
Photo by Karen Ducey...
MyNorthwest Staff

AG unveils law to lower healthcare cost for millions of residents

Starting today a new law goes into effect that makes 4 million Washington residents eligible to receive free or discounted hospital care.
2 days ago
A member of the Washington State Patrol guards an entrance as Washington National Guard personnel w...
MyNorthwest Staff

Inslee prohibits Washington State Patrol to aid out-of-state abortion investigations

Inslee is continuing to look at additional steps to protect patients from investigations initiated by agencies and vigilantes in anti-choice states.
2 days ago
Washington State Cougars running back Deon McIntosh (3) gets into the end zone for a Cougar touchdo...
MyNorthwest Staff

Gee and Ursula’s top stories: Future of the Pac-12, Inslee’s Vaccine Mandate

KIRO Newsradio’s Gee Scott and Ursula Reutin bring you their top stories on the day on July 1.
2 days ago

Sponsored Articles

Swedish Cyberknife 900x506...

June is Men’s Health Month: Here’s Why It’s Important To Speak About Your Health

According to the Centers for Disease Control and Prevention, men in the United States, on average, die five years earlier than women.

Anacortes – A Must Visit Summertime Destination

While Anacortes is certainly on the way to the San Juan Islands (SJI), it is not just a destination to get to the ferry… Anacortes is a destination in and of itself!

Ready for your 2022 Alaskan Adventure with Celebrity Cruises?

Celebrity Cruises SPONSORED — A round-trip Alaska cruise from Seattle is an amazing treat for you and a loved one. Not only are you able to see and explore some of the most incredible and visually appealing natural sights on the planet, but you’re also able to relax and re-energize while aboard a luxury cruise […]

Compassion International Is Determined to ‘Fill’ a Unique Type of Football ‘Stadium’

Compassion International SPONSORED — During this fall’s football season—and as the pandemic continues to impact the entire globe—one organization has been urging caring individuals to help it “fill” a unique type of “stadium” in order to make a lasting difference in the lives of many. Compassion International’s distinctive Fill the Stadium (FtS, fillthestadium.com) initiative provides […]

What are the Strongest, Greenest, Best Windows?

Lake Washington Windows & Doors SPONSORED — Fiberglass windows are an excellent choice for window replacement due to their fundamental strength and durability. There is no other type of window that lasts as long as fiberglass; so why go with anything else? Fiberglass windows are 8x stronger than vinyl, lower maintenance than wood, more thermally […]

COVID Vaccine is a Game-Changer for Keeping our Kids Healthy

Snohomish Health District SPONSORED — Cheers to the parents and guardians who keep their kids safe and healthy. The dad who cooks a meal with something green in it, even though he’s tired and drive-thru burgers were tempting. The mom who calms down the little one who loudly and resolutely does NOT want to brush […]
Chris Hansen’s group offers to redevelop Seattle’s KeyArena