[SPORTS NEWS] Warriors Are Making Strides for New Arena in San Francisco

[Dallas,TX- October 12th]

20151012-missionbaysite-760The Warriors arena will provide San Francisco with an indoor venue it has always lacked, and will play host to not only NBA basketball, but also major concerts, family shows, conventions and a variety of other attractions.

The 18,000-plus seat arena will anchor 12 acres of restaurants, cafes, offices, public plazas and other amenities the neighborhood currently lacks, and will trigger the development of a 5-acre public park on the waterfront.

The Warriors’ plan is unique in that it is the only completely privately financed arena or stadium in the U.S. over the past two decades.

“We’ve been the Bay Area’s team for more than 50 years, and this plan keeps us in the Bay Area for the next 50 and beyond,” Welts said. “If there were any lingering doubts about our commitment to Mission Bay, purchasing this land should put them to rest. We love this neighborhood – nobody else is getting this land.”

The Warriors first arrived in San Francisco in 1962 and played their first nine seasons in the City by the Bay. The Warriors’ new ownership, led by Joe Lacob and Peter Guber, purchased the team in 2010 and within five years led it to its first NBA championship in 40 years.

Source : Bleacher Report By

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