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Seattle Panel Of Community Leaders To Help Explore KeyArena Renovation

Eleven Seattle community leaders, including Basketball HOFer Lenny Wilkens, were "named Thursday as part of a new advisory panel to explore the viability of renovating KeyArena for NBA and NHL use," according to Geoff Baker of the SEATTLE TIMES. The panel, announced by Seattle Mayor Ed Murray, will "review KeyArena proposals and the analysis of city staffers before making recommendations on how to proceed." At least two California-based arena companies, AEG and Oak View Group, are "expected to respond with proposals by an April 12 deadline." City staff review teams will do a "detailed analysis of AEG and OVG proposals received and forward them on to the advisory panel." From there, an executive review team of city administrators will "consider the analysis and the panel recommendations before submitting a final report to Murray by late June." Beyond KeyArena, the city also is studying an all-private proposal by hedge-fund manager Chris Hansen to "build a brand new arena in the city’s SoDo District." That project is "expected to be under review for about six months, which means a decision on KeyArena’s viability will likely be decided before Hansen’s offer is addressed further" (SEATTLE TIMES, 2/24).

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