Oak View Group to build a 600 million dollar renovation of what is now Key Arena. The move means the city has abandoned efforts by Chis Hansen to build an ground up arena in the SoDo district.
Many NBA fans believe the SoDo arena would be a better in luring an NBA (pro basketball) team as Hansen indicted his desire to purchase a team. Hansen had tried to lure the Sacramento Kings a few years back.
The Key project is said to be an attempt to lure the NHL (pro ice hockey) to Seattle, with the possibility of the NBA returning in later years.