Learfield Buys Signage Company GoVision Vikings' HQ Complex To Cost $80-90M IMS Building Small Dirt Track For Retiring Stewart Padres HOF Opens Friday Without Selig Name Levi's Stadium Gets Safety Designation Facility Notes Bills In No Rush On New Stadium Braves, Falcons Pitch New Stadiums At Same Time Colorado Facilities Projects Nearly Complete Santa Ana E-Sports Venue Marks A First For U.S.
SBD/July 31, 2012/Facilities
King County Approves Seattle Arena Plan, But City Council Wants Traffic Concessions
Published July 31, 2012
PLAY NICE: In Seattle, Jerry Brewer writes, “To his credit, Hansen has sought fair from the beginning, and he has pledged $290 million of private money to prove it." That is why Hansen "has made it this far, because his group's willingness to pay for nearly 60 percent of a $490 million arena is a stunning commitment in modern-day pro sports business.” Brewer: "If you're for the arena and have been impressed by the measures Hansen took upfront to make this a good deal for both parties, then it's impossible to resist outrage that the city council is asking Hansen to fix too many of the city's problems.” The city council had “better be careful with this negotiation.” It would be "negligent and unfair for the city council to ram a deal through without concern and some level of mitigation for traffic and freight mobility in Sodo." It also would be "foolish and unfair to toss away such a sweet deal from Hansen simply because of an issue that he didn't create.” Hansen is “willing to do his part,” but his group “won’t be a magic ATM” (SEATTLE TIMES, 7/31).