Warriors Announce San Francisco Arena Plans
May 22, 2012
The Warriors announced their plans for a new sports and entertainment arena on the waterfront in San Francisco on Tuesday, May 22.
The state-of-the-art, multi-purpose arena will be located at Piers 30-32 on San Francisco Bay, south of the Bay Bridge and between the Ferry Building and AT&T Park.
The formal announcement for the new arena came at a press conference on site at Piers 30-32 in San Francisco.
Construction for the arena is expected to be finished in time for the 2017-18 season.
Once completed, the new facility will host the Bay Area’s NBA basketball team, as well as provide a spectacular new venue for top-tier concerts, cultural events and conventions.
The Warriors will privately finance the arena, meaning no money from San Francisco’s general fund and no new taxes will be implemented to fund the project.
Under the deal, the City of San Francisco will provide the site for the arena, and the Warriors will pay to repair the crumbling piers, a cost estimated to be $75 to $100 million.
The site for the new arena is perfectly located for pedestrian and public transit options – with a Muni Metro stop at its doorstep and only a few blocks from the Embarcadero Station and the new Transbay Transit Center.
With convenient options for BART, Muni, CalTrain and ferry service, the arena will be one of the most transit-friendly facilities in the nation.
Longtime sportscaster Ahmad Rashad emceed the press conference, introducing a number of speakers along the way.
San Francisco Mayor Ed Lee: "This new sports and entertainment facility will create thousands of new jobs for Bay Area residents. It will generate tens of millions of dollars in economic growth each year and games and events will bring people from all over the region, and the money they spend will benefit our local economy and local businesses."
Warriors Owner Joe Lacob: "We intend to build the most spectacular arena in the country for all Bay Area residents to be proud of. An architecturally significant building on truly an iconic site, it doesn’t get any better than this."
Warriors Owner Peter Guber: "We will play here in 2017. Take that as a promise that we will fulfill, and it will be a world-class entertainment venue. We’re all in."
Warriors President and COO Rick Welts: "The Warriors promise you an arena that you’re going to be very proud of. We promise that it’s going to reflect the creativity, the diversity, the technological savvy and the passion of this Bay Area that the Warriors have called home for 50 years."
NBA Commissioner David Stern: "There is an ownership group in place that is both emotionally connected to sports and understands the impact that sports has on the community."
Warriors Executive Board Member: "The onus is on us as players, coaches and executives to build a team that’s worthy of a building like this."
Lieutenant Governor of California Gavin Newsom: "This project is about as good as it gets and the vision that’s been laid in front of us is as good as it gets as well."
San Francisco Travel Association President and CEO Joe D’Allesandro: "This beautiful arena, this state-of-the-art world-class, together with the cultural and entertainment complex, is something that San Francisco sorely needs."
Warriors Head Coach Mark Jackson: "I can celebrate, I can high-five and I can look forward to the (new arena), but we have a commitment of winning today. We look forward to 2017, but we look forward to taking care of the business at hand that’s close by."
Warriors Player David Lee: "If this building is going to be an iconic building, it’s going to be a place that fans not only enjoy games in December and January, but they can expect to enjoy games in May and June as well, the time that we are going to be making our playoff run."
Before the festive day came to a close, the San Francisco Fire Department celebrated the occasion by throwing out plumes of water from the bay.
May 22, 2012, will go down as one of the most important days in franchise history.
With team ownership …
... players and coaches …
… as well as NBA executives and civic leaders on board …
… the Warriors are on the verge of changing the course of their Bay Area history.
A new state-of-the-art waterfront arena …
… coming to the shores of San Francisco in the fall of 2017.