Seattle City Council approve $700 million renovation of Key Arena

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Photo/Gregory Payan


On Monday, a unanimous vote by the Seattle City Council has approved the Oak View Group’s efforts to renovate Key Arena.

“This is just a great deal for the city, for the residents, for the businesses,” Council member Bruce Harrell told the council.

This is good timing with an upcoming presentation to the NHL on October 2nd by OVG, David Bonderman, and Jery Bruckeimer. With a probable announcement of an awarded NHL team to Seattle, construction could begin by December.

“Among other things that are required of them before they can start demolition of KeyArena is they do need to essentially have a franchise established for Seattle with the NHL,” he said. “We don’t want to end up with an arena that’s partially demolished without the means to complete it.”

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