New Seattle arena approved by city, county council

Ronald Martinez - Getty Images

The King County Council unanimously approved the new Seattle arena plan, 9-0, while the Seattle City Council approved it by a 7-2 margin.

The King County Council unanimously approved the new Seattle Arena plan, 9-0, and the Seattle City Council also approved the plan by a vote of 7-2, allowing developers to move forward with the development.

Hedge fund manager Chris Hansen now has complete approval to lead a group that wants to build a $490 million arena with $200 million in public funding to house a prospective NBA or NHL team. The public financing would come from rent money and admissions taxes on the arena.

Hansen hopes to build the arena near Safeco and CentruyLink Fields, where the Seattle Mariners and Seattle Seahawks play.

The Seattle Mariners have opposed the construction of the new arena, citing congestion concerns as well as conflicts between NBA, NHL, MLB and concert schedules.

Hansen and his investment group has approval from both the county and the city to move forward with arena plans, but have yet to recruit an NHL or NBA franchise to Seattle.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.