[109], On December 4, 2017, the city council approved a memorandum of understanding with OVG to rebuild the arena by 2020. During the 2012 All-Star Weekend, Bettman said that while Seattle was a good fit for the NHL, "there's no building. The mission of the Media Research Center is to create a media culture in America where truth and liberty flourish. The arena would be closed for two years, and the last remaining professional sports team tenant, the WNBA's Seattle Storm, plans to move elsewhere in the Seattle metropolitan area during those two years. The arena hosted the NBA All-Star Game once, in 1974; the 1987 game had included NBA All-Star Saturday festivities on February 7, where former Sonics star "Downtown Freddie" Brown was the MVP of the legends game, Boston Celtics star Larry Bird won the three-point contest, and Chicago Bulls star Michael Jordan won the slam-dunk competition. [24], The arena opened in 1962 as the Washington State Pavilion for the Century 21 Exposition, the work of architect Paul Thiry. Ackerley Communications profits were down, which also contributed to the financing difficulties. [37] The city's contribution would be to waive about $31 million in tax revenues (about $1 million per year) to potentially be collected on admissions fees at the new arena. They would return a year later to host the WWE Over the Limit pay-per-view on May 22, 2011. This was coupled with a sub-par home court experience at the Coliseum, which included the NBA's lone rain delayed game on January 5, 1986 when rain water leaked from the roof onto the court as the Sonics played the Phoenix Suns. ", "City of Seattle approves contract for basketball arena", "Baseball Official Here To Fight Ackerley Arena Deal - Concessions To Sonics Owner Concern City's Other Pro Sports", "New Sonics Arena Dead - Financing Troubles Sideline Ackerley", "Seattle and the NHL: So Close Yet So Far Away", "WAYBACK MACHINE: SEATTLE'S LONG WAIT FOR NHL", "SEATTLE AND THE NHL — LAND MINES ON HORIZON", "Seattle City Council Bills and Ordinances", "KeyArena Tickets – KeyArena Ticket Info & Seating", "Sonics' home finale stirs memories, recriminations", "KeyArena lost a tenant; will it lose a name? "[53] Deputy Commissioner Bill Daly said that KeyArena would be "a difficult arena for hockey" due to the large number of obstructed-view seats. [66], With the 1995 renovation, the arena's capacity was expanded to 17,072 for basketball,[11] 15,177 for ice hockey and ice shows, 16,641 for end-stage concerts, and 17,459 for center-stage concerts and boxing. [87] On November 2, 2007, the team announced it would move to Oklahoma City as soon as it could get out of its KeyArena lease. [38], During negotiations, Ackerley had asked for a provision to reduce the seating at the Coliseum by 9,000 seats so the older arena could not compete with the new building, but the city would not agree. The project had an estimated cost of $73.4 million, considerably less than other new arenas of the time in Portland and Vancouver, to be paid with the city's bond capacity. How Suite It Is! Oak View Group submitted a $564 million proposal that would lower the arena's bowl 15 feet (4.6 m) within the existing roof structure. [123] The replacement signage was installed on December 5, 2020. KeyArena hosted early rounds of the NCAA Division I Men's Basketball Tournament in 1999 and 2015. [23] The naming rights deal with KeyCorp concluded at the end of 2010, but the building maintained the KeyArena name until its 2018 closure. Order online or in-store today! AEG unveiled a $520 million proposal that would extend the iconic roofline over presently underutilized space on the arena's south end. In April 2011, the Professional Bull Riders brought the Built Ford Tough Series to KeyArena for the first time.[49]. On January 21, 2011, Seattle Center announced that KeyCorp would not renew its agreement for naming rights of KeyArena, after 15 years of sponsorship. [98][99] The team moved to Oklahoma City immediately and announced it would begin play in the 2008–09 season. The 2009 show was recorded for the group's live albums project Recording the Universe. The Beatles performed at the arena twice, first on August 21, 1964. Ackerley appeased the Seahawks' concerns, noting the arena would be empty during any NFL games. [122] The rooftop signage for KeyArena was removed by a helicopter on July 8, 2020. [100][101], On October 5, 2018, the Golden State Warriors played against the Sacramento Kings in a preseason game at KeyArena, the same arena where former Sonics forward Kevin Durant played previously. [90] On August 13, 2007, Aubrey McClendon, a minor partner of Bennett's ownership group, said in an interview with The Journal Record (an Oklahoma City newspaper) that the team was not purchased to keep it in Seattle but to relocate it to Oklahoma City. [89] Seattle City Council later unanimously passed an ordinance modeled after the initiative. Only around 30 of the 70 luxury suites were sold and the Ackerleys were unable to find a corporate buyer for naming rights. They offered to help finance a renovation of the Coliseum, but the team owner declined. He argued that the situation would be even worse than what the Coyotes faced at America West Arena, their original home in Phoenix. The NHL briefly flirted with relocating the Pittsburgh Penguins to Seattle (and the California Golden Seals to Denver) to address a troubled market and fill the expansion commitment, but ultimately kept the team there. Risers held 7,440 on the upper level and up to 7,741 on the lower level, with luxury suites adding another 1,160 seats. In the mid-to-late 1980s, the team's on-court success would decline. [33], Ackerley began exploring new options for an arena. This is our website. Their performance at the Coliseum was one of their first large arena concerts and it was filmed for their live album, Live Shit: Binge and Purge. Increasing project costs, legal disputes, and inability to secure construction financing were cited as reasons to drop the project. [84], On February 12, 2007, Bennett proposed using tax money to pay for a new $500 million arena in Renton, a suburb of Seattle. Climate Pledge Arena is served by three public parking garages, with a total capacity of 2,944 vehicles, located in and around the Seattle Center. [56] The environmental reviews required for the building approval are, as of February 2013, exploring alternate sites that include the KeyArena site and the nearby Memorial Stadium site in addition to Hansen's preferred site near the Mariners' Safeco Field parking garage.[57]. In July 1990, the city council approved a deal for a privately owned $100 million facility to be built on the Ackerley land in SoDo, despite objections over traffic and parking by the Seahawks and Mariners in the neighboring Kingdome. The item was successfully added to your Wish List, By signing up you are confirming that you have read, understood and accept our Privacy Policy, We use cookies to give you the best customer experience possible. [91], On October 31, 2007, Bennett informed NBA commissioner David Stern that the ownership group intended to move the Sonics to Oklahoma City as soon as it was legally possible. On April 11, 1995, the city sold the naming rights to Cleveland-based KeyCorp, the parent of KeyBank, which renamed the Coliseum as KeyArena. Lookup a license from any QuickConfirm participating board of nursing and print/download a report with the … After the SoDo proposal fell through, the Ackerleys attempted to find other investors to no avail. Eventually, the Seattle franchise award was rescinded altogether when the potential ownership group was unable to secure the funds for the expansion fee. [53], League officials have hinted that a new arena would have to be in place before a new or relocated NHL team came to Seattle. Ackerley also agreed to sign a 30-year lease for the Sonics and to build an 1,800-stall parking garage. Revenue cycle must eliminate inefficient processes in order to drive revenue preservation that translates into optimal net patient revenue. ... Kim Carr, RHIT, CCS, CDIP, CCDS, AHIMA-Approved ICD-10-CM/PCS Trainer . The agreement was initially turned down in council committee in the hopes of negotiating a 20-year lease with an increased guaranteed income of $9 million per year starting in year 15. [104], Two groups, Seattle Partners (led by AEG and Hudson Pacific Properties) and the Oak View Group (led by former AEG CEO Tim Leiweke), submitted proposals to the city in April 2017 to redevelop the arena, also securing corporate partnerships and seeking the support of the NHL. Prior to its closure in October 2018, the arena was most recently home to the Seattle Storm of the Women's National Basketball Association (WNBA),[11] the Seattle University Redhawks men's basketball team, and the Rat City Roller Derby league of the Women's Flat Track Derby Association. [106] On June 7, 2017, the city selected OVG as the preferred bidder for the redevelopment. Hughes wrote that even one year of NHL hockey in an arena where half the lower bowl sat unused would be "just unacceptable." ... Launceston R9 Sigrid Carr / Troy Baker MM Gold Coast Book 2 $40,000. [117] Though some design changes and additions had contributed, in mid-December 2018 OVG announced that it had replaced the general contractor, Skanska Hunt, with Mortenson Construction as overall project costs had increased to between $825 and $850 million. The local Seattle office of NBBJ, the second largest architectural firm in the country, was chosen as the architects. [44] The renovation cost the city of Seattle $74.5 million and the SuperSonics approximately $21 million. Club-level seating with 1,100 seats would also offer exclusive club, concession, and lounge areas, and a private concourse with 58 luxury suites would also be added. I produced a Parody song with a group of my friends and it was featured in a video that went massively viral on Twitter. Panorama of the former interior of KeyArena. After failing to reach an agreement with the city of Seattle over a publicly funded $220 million expansion of KeyArena, the Basketball Club of Seattle, led by Schultz, put the SuperSonics and its sister team, the WNBA's Seattle Storm up for sale. "[92] Bennett also reiterated that the team was not for sale and dismissed attempts by local groups to repurchase the team. Downloads. The Mariners unsuccessfully continued to object, even enlisting then-Major League Baseball commissioner Fay Vincent and then-American League president Bobby Brown to speak before the council ahead of their final vote. Construction began on June 16, 1994. [118], With the closing of the arena in October 2018 to begin redevelopment, the City of Seattle, Seattle Center, and Oak View Group retired the KeyArena name and officially adopted Seattle Center Arena as the name for the project. Newly elected Seattle mayor Norm Rice was concerned over a loss of concerts and events to cities with larger, more modern facilities, and the strong possibility the city could lose the Sonics. ", RinkAtlas listing for New Arena at Seattle Center, Seattle University College of Arts and Sciences, 1952 exhibition game vs. Harlem Globetrotters, Emil and Patricia Jones Convocation Center, https://en.wikipedia.org/w/index.php?title=Climate_Pledge_Arena&oldid=1000896524, 1962 establishments in Washington (state), Indoor ice hockey venues in the United States, Indoor soccer venues in the United States, Former National Basketball Association venues, Professional wrestling venues in the United States, National Register of Historic Places in Seattle, Indoor arenas under construction in the United States, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, President and General Manager: Alisha Valavanis, This page was last edited on 17 January 2021, at 07:26. At his insistence, a Center commission developed a plan to renovate the Coliseum by excavating the floor to lower it and build a new bowl with more seating. Online Dictionaries: Definition of Options|Tips Options|Tips Early in the second quarter, referee Mike Mathis called the game with the Suns up by eleven points. The SuperSonics left KeyArena in 2008 amid a controversial relocation to Oklahoma City. The arena hosted the basketball competitions of the Goodwill Games in 1990.[28]. The Coliseum in this incarnation hosted two NBA Finals, in 1978 and 1979, both between the Washington Bullets and SuperSonics. You previously shopped on our website. The first regular season game for the SuperSonics at the rechristened KeyArena was played on November 4, 1995, against the Los Angeles Lakers. [62], Roger Federer organized a tennis exhibition match at KeyArena with Match for Africa 4, held on April 29, 2017. [80][81][82] Terms of the sale required the new ownership group to "use good faith best efforts" for a term of 12 months in securing a new arena lease or venue in the Seattle metropolitan area. To sweeten the offer, Ackerley sold city leaders on the idea that the new arena in SoDo could also attract an NHL club. [120] Alaska Airlines was announced as the naming sponsor of the south atrium in January 2020. Nursys QuickConfirm License Verification. [16][17] It also played host to the Pac-12 Conference's women's basketball tournament.
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