The City of Seattle Wednesday issued a request seeking proposals to redevelop KeyArena, including an option of a complete teardown. The deadline is April 12.
Mayor Ed Murray and the City of Seattle Wednesday issued a request for proposals (RFP) for the redevelopment of KeyArena that includes the possibility of tearing down the 55-year-old facility. Proposals are due April 12, and two Los Angeles-based global arena entities have indicated they plan to participate.
According to the city document, proposers are allowed to submit two plans, one to renovate the existing facility and another to tear it down and build a new one.
“We have a unique opportunity to re-imagine KeyArena and continue the growth and redevelopment of Seattle Center,” said Murray in a statement. “There is significant interest in working with the City of Seattle to create a civic arena that fulfills the current and future needs of our growing city that serves the greatest number of community members.
“I, along with others at the City, are looking forward to reviewing proposals with the community. We are 100 percent committed to finding the best deal for Seattleites.”
The Anschutz Entertainment Group and the Oak View Group, both from Los Angeles, have indicated they plan to respond.
The RFP says that the proposal the city accepts will be responsible “for 100 percent of the funding to complete the redevelopment and construction of the project.”
The RFP lists seven core objectives for the redevelopment for the building constructed for the 1962 World’s Fair and remodeled in 1995. Bidders must adhere to all in their response. The seven:
The city said it will consider redevelopment proposals that extend outside of the existing KeyArena footprint, but added that facilities north of KeyArena, including buildings occupied by KEXP, Vera Project and SIFF Film Center, are not included within the boundaries of the redevelopment site.
Murray will organize a community advisory panel that reviews project finalists and make recommendations. The panel will be announced in the coming weeks.
According to the city’s statement, the RFP was developed with input from “10 city departments in consultation with constituencies from throughout Seattle.”
“The City of Seattle is taking a comprehensive look at Seattle Center and how it can best serve Seattle residents,” said Seattle Center Director Robert Nellams. “This is the time to think about KeyArena’s future. KeyArena hosted more than 500,000 visitors last year alone. A revitalized arena could add an additional 80-100 events per year.”
As for the impact the RFP will have on the current memorandum of understanding for a possible Sodo arena proposed by Chris Hansen, Wednesday’s document said, “The city remains fully committed to the terms of the MOU and is supportive of ArenaCo’s efforts to return NBA basketball and attract NHL hockey to Seattle. However, the city must also consider the potential opportunity presented by KeyArena should the MOU not be fulfilled and/or the ArenaCo’s project not move forward.”
Hansen, who revised his proposal late last year to make the project 100 percent privately funded, said earlier that he will make a presentation to the city council soon for reconsideration. City officials have been quoted previously as saying it is unlikely they will act on Hansen’s proposal until after they receive RFPs for the Key re-development.
The MOU expires Dec. 3.