A new kitchen and support building, a parking garage on 1st Avenue N, a new team store, and a tunnel connecting the store to the arena brought the total cost to nearly $127.3 million. The original acoustical panels, the panels attached to the roof that keep the space from echoing, were refurbished and reused. Many seats in the lower level were so badly obstructed that almost half the lower level was curtained off for T-Birds games. [45] The renovated arena hosted the 1996 NBA Finals that first season, when the SuperSonics lost to the Chicago Bulls in six games. [18] The Storm[19][20] and the Redhawks[21] are expected to resume as co-tenants when the arena reopens. [68][69] In February 2018, it was reported that six interested parties had approached OVG regarding naming rights for the new arena. Originally developed for the exposition, it was bought and converted by the city of Seattle afterwards for entertainment purposes such as concerts, ice shows, … Club-level seating with 1,100 seats would also offer exclusive club, concession, and lounge areas, and a private concourse with 58 luxury suites would also be added. This came after the rejection of the new arena proposed in SoDo by Seattle City Council over the street vacation of Occidental Avenue. [122] The rooftop signage for KeyArena was removed by a helicopter on July 8, 2020. Ackerley would not sacrifice Sonics revenues for a hockey team in which he would be a minority investor. Schultz claimed that in the five years he owned the SuperSonics, the team suffered heavy financial losses, which led him to seek funding from the Washington State Legislature for a newer, more modern arena. The floor was just barely large enough to fit a regulation ice rink. Two matches were played, the first a doubles match pitting Roger Federer and Bill Gates against John Isner and Mike McCready of Pearl Jam, and a singles match featuring Federer and Isner. The RapidRide D Line and other routes provide frequent service between the arena's west side and Downtown Seattle. Only around 30 of the 70 luxury suites were sold and the Ackerleys were unable to find a corporate buyer for naming rights. [62], Roger Federer organized a tennis exhibition match at KeyArena with Match for Africa 4, held on April 29, 2017. The plan proved possible and it was found that the compression ring holding the roof could be preserved, saving $15 million in cost and keeping the facility seismically sound against earthquakes. Ackerley appeased the Seahawks' concerns, noting the arena would be empty during any NFL games. The approval came days after the previous memorandum with the SODO Arena had expired. Permanent ticketing areas were added to the arena eliminating the portable ticket booths that were in use since The Seattle World's Fair. Once KeyArena lost the SuperSonics and the Thunderbirds, there was speculation that KeyBank may try to amend the naming rights deal. [64] Minor expansion occurred as the SuperSonics grew in popularity, but the design of the arena limited its expansion potential; calls for its renovation occurred as early as 1976. [105] Both groups were required to submit an additional proposal to preserve the arena's iconic roof, which the city planned to submit for municipal landmark status. According to the conditions of the settlement, the Sonics' name and colors could not be used by the team in Oklahoma City, but could be taken by a future team in Seattle, although no promises for a replacement team were given. The Sonics retaliated the following year, winning in Game 5 on the Bullets' home court, thus capturing the franchise's only championship. The timing of the announcement, one day after the Sonics' home opener, drew critical comments from Tom Carr, Seattle's attorney, who said "Mr. Bennett's announcement today is a transparent attempt to alienate the Seattle fan base and follow through on his plan to move the team to Oklahoma City ... Making this move now continues the current ownership's insulting behavior toward the Sonics' dedicated fans and the citizens of the city. The team played its usual summer schedule at KeyArena in 2018, beginning in mid-May and continuing through the playoffs in early September; they ultimately won the 2018 WNBA Finals. [33], Ackerley began exploring new options for an arena. Additionally, the arena has hosted concerts by many famous artists, spanning many different genres. In February 2009, the Seattle City Council approved a new 10-year lease that would keep the WNBA's Storm at KeyArena. Hospitals and health systems need to update their current revenue cycle processes, becoming more efficient in that arena. [48], In 2009, the arena hosted the WWE No Way Out Pay-Per-View event. The court was lowered 35 feet (11 m) below street level to allow for 3,000 more seats. A notable performance by Metallica was in 1989, when they were supporting the Damaged Justice Tour. The city, along with Denver, had been conditionally granted an expansion NHL franchise in 1974 to begin play in the 1976-77 season.
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