Key Arena RFP
“Provide a world-class civic arena to attract and present music, entertainment, and sports events, potentially including NBA and NHL events, to Seattle and the region.”
Complete Teardown could be an option.
One of the more interesting pieces of the RFP is that the KeyArena structure could qualify
as an historic structure. If the arena is not determined to be a historical landmark, then responders can submit an alternative plan, which would open up the opportunity for a complete teardown. This would give the winning developer an opportunity to maximize the space, which would probably be more compelling to the leagues.
Compliance with NHL and NBA requirements
AEG and Oak View Group expected to respond
Both AEG and the Oak View group, led by former MLSE CEO Tim Leiweke, have confirmed they intend to respond to the RFP and and have said that they can rework the arena to
accommodate the NHL. AEG and Oak View Group have deep relationships with the NHL and should be considered very positive players in the pursuit of bringing the NHL and NBA to Seattle. It should be pointed out that neither of them will be owners of the NHL team in Seattle. (AEG owns the Kings and Oak View Group has financial ties to MSG, owners of the New York Rangers.) The leadership team at these organizations are as connected as it gets and could broker deals for would-be tenants at a remodeled KeyArena site.