The Sacramento Kings said Monday they’ve exceeded local hiring and contracting goals for building their new arena.
In a quarterly report, the Kings and an arena advisory council said 78 percent of the construction contracts, totaling $280 million, were awarded to local companies. Some 21 percent, or $76 million worth, went to local small businesses.
Both figures surpass goals announced in spring 2014 by the Kings and the Sacramento First Community Advisory Council, shortly before the City Council approved a $255 million subsidy for the new arena. The goals are voluntary, although the City Council urged the Kings to make the project as local as possible in return for waiving the city’s competitive-bidding requirements on the project.
Kunal Merchant, a team vice president, said the project has also surpassed the goal of hiring 60 percent of its construction workers from the region. At last count, the workforce was 63 percent local, he said.
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The latest progress report came hours after construction crews began installing roof trusses atop the $507 million arena. The building, scheduled to open in October 2016, will be called Golden 1 Center.
“We’re proud the arena continues to deliver high-quality jobs and career opportunities for the Sacramento region,” said Kings President Chris Granger in a prepared statement.
The team added that 39 “high-need” workers have gotten jobs on the arena through construction apprentice programs, toward a goal of having 70 such individuals work on the project. Those workers fit various criteria, such as being low income or on public assistance, or living in high-poverty ZIP codes, Merchant said. Another 53 “high-need” individuals who came to union halls seeking work on the Kings project have found work on other construction projects.