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For the past six years, the Golden State Warriors have been planning on constructing a new arena for their team in the Mission Bay district of San Francisco. On Tuesday, they finally set a date for the start of its construction and have the groundbreaking ceremony on January 17th.
Team president Rick Welts expressed his excitement about having a new state-of-the-art home court for the Dubs, which is scheduled to open in time for the start of the 2019-2020 season.
“We have been looking forward to this day since we first had the vision of building a privately financed state-of-the-art sports and entertainment complex in San Francisco are excited for what this will bring to the city of San Francisco and the entire Bay Area community. Chase Center and the surrounding area will serve as a destination for the entire community and we will continue to work to make sure it is the best experience possible for everyone to enjoy NBA basketball, concerts, family shows, conventions and more.”
San Francisco Mayor Ed Lee explained that having the Warriors in the Bay Area means more than just having a professional basketball team, but also benefits the city's economy.
“This new venue will not only ensure our beloved Warriors remain in the Bay Area, but it will fill a void in San Francisco’s portfolio of arts and events facilities. It will provide enormous economic benefits, including thousands of new jobs and millions in new tax revenues for The City. And the Warriors are doing it the right way — financing this arena entirely without public funding.”
The groundbreaking ceremony is expected to draw a fairly large crowd including team owner Joe Lacob, head coach Steve Kerr and former MVP and seven-time All-Star Kevin Durant, among others.
