On Friday, Gov. Jerry Brown signed a bill that approves future production of an arena complex, for the Golden State Warriors. The proposed arena is scheduled to break ground on Piers 30-32 in downtown San Francisco. Oracle arena, the existing home for the Warriors, is the oldest arena in the NBA, having opened in 1966. Gov. Brown did not issue a statement regarding the signing of the bill. The bill gives Lt. Gov. and former San Francisco Mayor Gavin Newsom the last word as to whether the arena complex conforms to the current rules governing waterfront development. Expect the project to include the additions of hotels, retail, terraced plazas, condominium towers, and parking garages. In addition the venue will be equipped with a walkway, allowing the public to look through a large window into the new venue. The project is expected to exceed $1 billion, but still has to hash out current engineering and traffic impediments that include the additions of a new fireboat station, water taxi and ferry docks. The Warriors’ Oakland lease expires after the 2016-17 NBA season. If the organization would like a new arena by that time, there is a lot of business left to be done.
Posted on: Sun, 29 Sep 2013 04:58:47 +0000