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Thursday, May 26th, 2011 at 8:00 am  |  9 responses

Detailed Plans for New Sacramento Arena Emerge

Just how much will a new arena for the Sacramento Kings cost?  The Taylor/ICON group, the arena developers tasked with building an entertainment-and-sports complex in California’s capital city, will formally announce that number at a Sacramento city council meeting later today.  But Sactown Royalty has some of the details: “The final pricetag on the complex is the first question on most folks’ tongue, and it’s $387 million. That includes $241 million in construction costs and, according to the report, $146 million in “soft costs.” The arena would seat right around 19,000 fans for NBA basketball (up from 17,317). At Power Balance Pavilion, there are 30 luxury suites. In the new complex, there would be 74. (!) The additional seating comes mainly in the form of 1,300 new premium and club seats. The other big question answered in the report: when will it be done? The answer: May 2015. So the Kings would bring basketball downtown for the 2015-16 season.”

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  • http://hibachi20.blogspot.com Moose

    Oh yeah. GREAT idea.

  • http://Slamonline.com Caboose

    The taxpayers here in Sacto will never approve that, especially given the long timeline for completion. I mean, we’re like the Tea Party capital of the west, we oppose taxes for freaking anything. No way does average Sacramentonian want to see his hard earned money finance billionaires.

  • http://yahoo.com rudy

    2015? Jeeze. That’s way too far from now. PBP will collapse on itself before then.

  • http://yahoo.com rudy

    2015? Jeeze. That’s way too far from now. PBP will collapse on itself before then.

  • Kevin

    Sacramento would oppose a tax, but that’s why they aren’t going to leave it up to that. The city officials know that wouldn’t pass, which is why they’re looking into private/public streams like hotel/rental car taxes which wouldn’t require a public vote.

  • daddy

    Doesn’t matter if taxpayers will approve. Sacto needs this and there won’t be a vote this time. It will happen, and when its done you’ll be glad we built it.

  • Kool

    I’m born and raised in Sacramento, and I can’t wait for this thing to get built. This Sports and Entertainment Facility is exactly what our Region has been waiting for in order to get the economy going again. It’s been pretty bad here, just like everywhere else. With this new S.E.F., thousands more jobs will become available for our residents for years. Police & Fire can regain employment through this as well. It’s really a win-win-win for all parties involved.

  • http://www.slamonline.com Waylonakolipse

    Sac needs the Kings for sure. Economy blah blah blah yeah but it’s incredibly boring there. The Kings are the only good entertainment value they got.

  • JOe

    Kings need to go. Along with Grant. I want real econ. growth sports is a gamble always is. Im not drinking the Save the Kings koolaid its not about that..never was. It is just a ploy to rally support to line the pockets of the wealthily. They are spending 385 million to add 1800 regular seats and they are doubling luxury seating?? When am i going to take my kid to one of those? WASTE of money.

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