Darius Anderson, who is suing two Kings co-owners after being left out of the group that bought the team in 2013, says he’s likely to seek testimony from Mayor Kevin Johnson, retired NBA Commissioner David Stern and others.
Nearly two years after a new ownership group took control of the Sacramento Kings and Sleep Train Arena, the team is still working on a plan for the redevelopment of the North Natomas arena site once the franchise moves into a new downtown facility.
As downtown Sacramento embarks on a new era, K Street gets a lot of the attention and so does the downtown arena. But walking through the corridors of the new Warehouse Artist Lofts, it becomes clear that R Street is the city’s next urban destination.
The justices of the 3rd District Court of Appeal dismissed a citizens’ lawsuit under California’s environmental laws. The ruling means there’s only one more lawsuit left that could interfere with the project.
The Kings are talking to NBA officials about staging the game at the downtown arena, while partnering with Napa Valley to handle the overflow of guests. But the 70-mile distance would create challenges.
A 16-story hotel and condo tower planned for the downtown Sacramento arena complex got the green light from the city’s Planning Commission on Thursday, a pivotal step that allows the Kings to begin construction of the project.
Clearing what had become a prolonged legal hurdle in the effort to construct a new sports arena in downtown Sacramento, an eminent domain case arguing the value of the former Macy’s men’s store at the arena site was settled last week.
Downtown interests celebrated the rebirth of Sacramento’s central core Tuesday morning during the annual State of Downtown address at Memorial Auditorium. And as usual, that celebration focused on the impact professional sports is having on the area.
Opponents of the new Kings arena went to the Court of Appeal on Monday in a renewed fight over environmental issues, including claims that the project would expose downtown Sacramento to rioting by fans. Justices had tough questions for both sides, but it seemed unlikely construction would stop no matter how the case turns out.
The new sports arena is under construction in downtown Sacramento and city finance officials are confident they have a solid plan for the public’s contribution to the $477 million project. It’s the next few projects that could become a concern.
Last year, the city gave the Sacramento Kings the OK to do some downtown arena construction work 24-7, sort of like a full-court press. Starting Friday night, the Kings will take advantage of that privilege.
The Kings sold for an NBA-record $534 million two years ago, but the $2 billion sale of the Clippers last year, and a huge new TV contract, have elevated all franchise values. Forbes magazine, in its annual estimates, says the Kings are now worth $800 million.
The owners of a now-demolished building at the new Sacramento Kings arena site say the property is worth $31 million. The city says $6.3 million, while CalPERS wants $12.85 million for the land beneath the building. Ultimately, it’s the Kings who will pay.
Eric Martinez, one of 70 “priority apprentices” plucked from low-income Sacramento-area neighborhoods to help build downtown Sacramento’s new arena, talks about his turbulent upbringing and how this new opportunity has begun to change his life.
In what’s being described as an unprecedented move, Sacramento Regional Transit officials agreed this week to collaborate with a group of major downtown business owners on a speeded-up effort to improve the transit system before a sports and entertainment arena opens downtown.