The Herald of Everett, Washington
Customer service  |  Subscribe   |   Log in or sign up   |   Advertising information   |   Contact us
HeraldNet on Facebook HeraldNet on Twitter HeraldNet RSS feeds HeraldNet Pinterest HeraldNet Google Plus HeraldNet Youtube
HeraldNet Newsletters  Newsletters: Sign up  Green editions icon Green editions

Venture capitalist to fund arena traffic study

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
By Manuel Valdes
Associated Press
Published:
SEATTLE -- A venture capitalist who wants to build a sports arena to bring professional basketball back to Seattle will pay for a study to determine the impacts on traffic and parking following objections by his potential neighbor -- the Seattle Mariners.
Without disclosing its price, Chris Hansen pledged Thursday to pay for the study, which he hopes will be concluded in between six to eight weeks by a private consultant.
"At the end of the day I am also a Seahawks, Sounders and Mariners fan. I think we all want a good solution for having games down in this area," said Hansen, who was flanked by King County Executive Dow Constantine and Seattle Mayor Mike McGinn.
Hansen has proposed a new arena that would cost between $450 and $500 million and would include $290 million in private investment. Hansen's group would also be responsible for the purchase of an NBA franchise and finding a partner interested in bringing an NHL franchise to Seattle.
But earlier this week, the Mariners sent a letter to the county and city opposing the idea of a new multipurpose arena, citing concerns about traffic and scheduling of events taking place in an area.
The Mariners issued a statement following the announcement, saying that the team is "very supportive of this process" and looks forward to being involved.
"We have a lot of experience down here because we have lived it every day for over 12 years," the statement said.
Story tags » Mariners

More Sports Headlines

NEWSLETTER

Sports headlines

Top sports stories delivered daily

Calendar

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus