Seattle (September 24) – Mayor Jenny A. Durkan today celebrated City Council’s 8-0 passage of an agreement to move ahead on the privately-financed redevelopment of KeyArena, and committed to signing the legislation tomorrow.
“Today is a good day for Seattle and all of us who can’t wait for the NHL and our Sonics to play at the new arena with our three-time WNBA champion Seattle Storm! Throughout this process, the City has had two goals: get the best possible deal for Seattle and our taxpayers, and create a world-class sports and music facility for the next fifty years. This agreement ensures that the much-needed redevelopment of KeyArena will create good, family-wage jobs, make critical investments in transportation, and protect taxpayers by ensuring the City will not foot the bill for construction, including any potential cost overruns. For decades, the Arena has been an iconic part of Seattle, and now the next generation will have an incredible arena that’s home to the country’s best sports teams, along with the music and entertainment Seattle Center is known for,” said Mayor Durkan. “I applaud Council for approving this agreement, and I thank Councilmember Juarez, Councilmember Bagshaw and Council President Harrell for their leadership and hard work to get this agreement across the finish line.”
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