Team Begins Construction On New Sports And Entertainment Complex In San Francisco
SAN FRANCISCO, CA – The Golden State Warriors and GSW Arena LLC officially broke ground today for Chase Center, the state-of-the-art sports and entertainment complex being built in San Francisco’s Mission Bay neighborhood. The ceremony, emceed by Host of Entertainment Tonight Kevin Frazier, included Warriors Owner and CEO Joe Lacob, Co-Owner Peter Guber, President and Chief Operating Officer Rick Welts, Head Coach Steve Kerr and All-Star Forward Kevin Durant joined by San Francisco Mayor Edwin M. Lee and Chase CEO of Consumer Banking Thasunda Duckett at the future site of Chase Center.
“Today marks a great day for our organization and the entire Bay Area,” said Welts. “Chase Center and the surrounding district will be a destination for the entire community and today’s ceremony celebrates the breaking of ground for a state-of-the-art sports and entertainment complex in San Francisco. We look forward to building a destination filled with energy and excitement for the entire Bay Area.”
Chase Center, which is scheduled to open for the start of the 2019-20 NBA season, will play host to a variety of events, including concerts, family shows and conventions, in addition to Warriors basketball.
“Chase Center will make history, not only as the home of our beloved Warriors, but as the only 100-percent privately financed arena in the United States,” said Mayor Lee. “This is no small feat. Typically, the taxpayers are asked to pay for or subsidize professional sports facilities, or at least provide public land, but the Warriors are paying for this venue on land they purchased themselves.”
The 18,000-seat Chase Center will anchor a district of 11 acres of restaurants, cafes, offices, public plazas and other amenities the neighborhood currently lacks, along with a new five-and-a half-acre public waterfront park. Chase Center will be located on a major Muni Metro rail line with easy links to BART and other transit options. When complete, it will be the only privately financed facility of its kind built on private property in the modern era of professional sports.
Chase Center will be built on a vacant lot that has been slated for development since 1998. The team entered into an agreement to purchase the property at Third and 16th Streets in Mission Bay in 2014, and has spent two years participating in a public planning process. The project won approval from all regulatory agencies and city commissions, including a unanimous vote at the San Francisco Board of Supervisors. The Superior Court and, most recently, the California State Court of Appeals upheld the project, paving the way for breaking ground this month.
For more information on Chase Center please visit chasecenter.com.
About the Golden State Warriors
The Golden State Warriors organization, currently in its 71st season, is a charter member of the National Basketball Association. Founded in 1946, the Warriors called the city of Philadelphia home for 16 memorable years before moving to the West Coast in 1962 to become the San Francisco Warriors and ultimately, in 1971, the Golden State Warriors when the team moved across the Bay to its current home in Oakland. The team’s storied history includes four NBA Championships, six of the NBA’s 50 Greatest Players and 27 members of Naismith Memorial Basketball Hall of Fame. For more information on the Golden State Warriors, please visit warriors.com.
About GSW Arena LLC
GSW Arena LLC, founded in 2010, is privately funding the construction of a new sports and entertainment venue, Chase Center, which will be the anchor of an 11-acre mixed use complex on private property in San Francisco’s Mission Bay neighborhood. For more information, please visitwarriors.com/sf.