The Golden State Warriors have abandoned their plan to build an arena on Piers 30-32 just south of the Bay Bridge and instead have purchased a site in Mission Bay to hold their new 18,000-seat venue, sources close to the deal have confirmed to The Chronicle.
The Warriors bought the 12-acre site fromSalesforce.com for an undisclosed amount in a deal that was inked Saturday night. The team plans to have the arena ready for the 2018-19 NBA season.
The shift in location provides the team with predictability, fewer regulatory hurdles and eliminates the need for any voter approval.
It should also assuage the project’s most vocal critics, who opposed building a 120-foot high arena on Piers 30-32 over concerns about traffic, environmental impacts during construction and blocked views of the Bay Bridge.
The Mission Bay site, where Salesforce originally planned to locate its corporate campus, will have a planned waterfront park across from the arena, has a Muni T-Third stop right in front of it, and already has two adjacent parking garages that can hold a combined 2,130 cars.
When the Central Subway opens – projected for 2018, the year the Warriors plan to open the arena – the line will provide essentially a straight shot to the Powell Street Muni/BART station downtown.
The Warriors will own the site outright, rather than leasing it from the Port of San Francisco, and say the arena will be entirely privately financed – perhaps the first sports venue of its kind in the country that uses no taxpayer funds or public land.
The new site does not, however, have the stunning views of the Bay Bridge, instead looking out onto a dry dock, an industrial pier and the rusting old pilings that dot the water.
Source: John Coté from San Francisco Chronicle