Warriors News: San Francisco Waterfront Arena Project Put On Hold
Since the announcement of the proposed 18,000-seat waterfront arena in San Francisco, the Golden State Warriors have worked on creating a design over these last 20 months that the Bay Conservation and Development Commission will approve of. During this time, cost estimates of the new area have doubled to $180 million and it’s clear that a 2017 opening isn’t realistic.
Warriors President Rick Welts spoke about the arena situation and it appears that the 2017 goal will be put on hold for at least another year via SFGate’s Phillip Matier and Andrew Ross:
“It’s about getting it right, not about getting it done fast.”
This announcement by the Warriors comes just days before arena opponents are expected to turn in more than 15,000 signatures that would require any developer to win voter approval to exceed height limits along the waterfront. With this measure, it will also affect the Warriors’ plan to build luxury condos and hotel across the arena and the Giants’ high-rise development near AT&T Park.
With a lot of opposition to the new waterfront arena, the Warriors are still in discussions to stay in Oakland beyond the 2016-17 season. While the new arena will be on hold for another year, it may be longer as the team tries to find a way to meet the Bay Conservation and Development Commission’s approval.