New Sacramento arena

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New Sacramento Arena
LocationSacramento, California
Coordinates38°34′48″N 121°30′00″W / 38.58000°N 121.50000°W / 38.58000; -121.50000Coordinates: 38°34′48″N 121°30′00″W / 38.58000°N 121.50000°W / 38.58000; -121.50000
OwnerCity of Sacramento[1]
OperatorSacramento Basketball Holdings, LLC[1]
Capacity17,500
Construction
Broke groundAugust 1, 2014
OpenedOctober 2016 (planned)
Construction cost$477 million
ArchitectAECOM[2]
Mark Dziewulski Architect[3]
Project managerICON Venue Group
Structural engineerThornton Tomasetti/Buehler & Buehler[3]
Services engineerHenderson Engineers, Inc.[3]
General contractorTurner Construction[2]
Tenants
Sacramento Kings (NBA) (2016-beyond)
 
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New Sacramento Arena
LocationSacramento, California
Coordinates38°34′48″N 121°30′00″W / 38.58000°N 121.50000°W / 38.58000; -121.50000Coordinates: 38°34′48″N 121°30′00″W / 38.58000°N 121.50000°W / 38.58000; -121.50000
OwnerCity of Sacramento[1]
OperatorSacramento Basketball Holdings, LLC[1]
Capacity17,500
Construction
Broke groundAugust 1, 2014
OpenedOctober 2016 (planned)
Construction cost$477 million
ArchitectAECOM[2]
Mark Dziewulski Architect[3]
Project managerICON Venue Group
Structural engineerThornton Tomasetti/Buehler & Buehler[3]
Services engineerHenderson Engineers, Inc.[3]
General contractorTurner Construction[2]
Tenants
Sacramento Kings (NBA) (2016-beyond)

New Sacramento Arena, known in planning documents as the Entertainment and Sports Center (ESC), is a proposed multi-use, publicly owned indoor arena in downtown Sacramento, California. The Sacramento Kings will be the primary tenant of the ESC, although it is expected to host other indoor sports and music concerts, as well. The ESC will be built on the site of the largely defunct Downtown Plaza (Sacramento). The Sacramento City Council voted approval of public financing and other terms on May 20, 2014. Once completed, the ESC will replace Sleep Train Arena as the home of the Kings. Construction began on August 1, 2014. [4]

History[edit]

As part of the successful effort to keep the Kings in Sacramento, an ownership group led by Vivek Ranadivé purchased the majority stake in the team from the Maloof family, with the city agreeing to partner with the Kings to building a new arena by 2016. The new arena will cost $477 million, with $255 million of that being funded by the City of Sacramento. The rest of the arena ($222 million) would be funded by the Sacramento Kings. Turner Construction is the head of development for the new arena. Turner Construction is well known in the Sacramento area having built the new Terminal B at Sacramento International Airport and other projects on time and under budget.[2]

The King's previous owners, lead by the Maloof family, first proposed a downtown arena in 2012. [5]The arena's estimated cost was $391 million. The City of Sacramento would have paid $255.5 million, the Kings would have contributed $73.25 million, and AEG was going to contribute $58.75 million.[6]

References[edit]

  1. ^ a b "Entertainment and Sports Center Frequently Asked Questions". City of Sacramento. July 28, 2013. Retrieved August 1, 2013. 
  2. ^ a b c Lillis, Ryan (July 31, 2013). "Kings Hire Turner Construction to Build New Arena". The Sacramento Bee. Retrieved August 1, 2013. 
  3. ^ a b c "Attachments". City of Sacramento. Retrieved April 18, 2014. 
  4. ^ "Preview of ESC Documents". City of Sacramento. Retrieved May 11, 2014. 
  5. ^ Kasler, Dale (March 5, 2012). "Kings and AEG Like the Looks of New Sacramento Chance". The Sacramento Bee. Retrieved October 24, 2012. 
  6. ^ Associated Press (March 7, 2012). "Sacramento City Council Approves New Arena Plan to Keep Kings". ESPN. Retrieved October 24, 2012. 

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