SoDo Group files new petition for Occidental Street Vacation

Yesterday, Chris Hansen and the SoDo group filed a new petition for the Occidental Street Vacation. arenarenderingoThis new proposal was consistent with their communicated plan over the last 6 months but was not formalized until Wednesday.

The big things are:

  1. 100% Private Financing.
  2. No arena gets built until a team from either the NHL or NBA is acquired.
  3. The Hansen Group will contribute an additional $1.3M in transit improvements.

When the SoDo group originally announced 100% privately financed model, I was optimistic but after soaking it in a bit, I am not sure that it moves the needle as much as people think it does. This might be me becoming more cynical or it could be the dose of reality we need.

It has been my belief that the 100% private financing was going to happen even if the Occidental Vacation was approved the first time. The public financing in the existing MOU would only kick in if the Hansen group procured an NBA team before the MOU expiration date in November of 2017. The NBA (& Steve Ballmer)  has been very clear that they are not expanding anytime soon. This leaves only one option…lead with the NHL. Well, if they were to lead with an NHL team, there is no public financing. That said, this gives the City Council members some air cover to switch their vote.

 As far as the “No arena gets built until a team is acquired” and $1.3M in transit improvements. The former seems like a no brainier, but if a council member wanted that as a condition, then let’s include it. The $1.3M is a big number, but in the grand scheme of the project, this is a relatively small number.

 In the meantime, the KeyArena RFP remains open until the end April. The Mayor released a statement after the new proposal was submitted.

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We have been down this road of optimism before. and in the end, any news is better than no news. My word of advice is to not get overly excited or optimistic on any one event until we are literally watching the puck drop in Seattle.

Raising Funds for the RMHC Hockey Challenge

I have the honor of playing in the Ronald McDonald House Hockey Challenge. This is an annual event put on by the Seattle Thunderbirds and the Ronald McDonald House of Western Washington and Alaska. If you don’t know what the Ronald McDonald House is all about, you should. 1063679_100150506978_990452666_nThe Seattle Ronald McDonald House is a home-away-from-home for 700 families each year while their seriously ill child receives medical treatment at Seattle Children’s Hospital. Some families stay for nights, some for months. The House is a warm, supportive and safe place during a very difficult time. Over the years I’ve met with families and discussed their stories and I can tell you it is one amazing charity that has a real impact on people’s lives.

The purpose of the Hockey Challenge is to raise money from the RMHC. This is the one time of year I ask for a little help. I am willing to match up to $1,000 of whatever is contributed in the next two weeks. As a bonus, if I can get over 100 donors, I will be putting in an additional $500. If I can get 100 people to put in just $10, I will match $1,500. Let’s make it happen.

The Hockey Challenge is held on February 18th at ShoWare Arena in conjunction with the Seattle Thunderbirds-Portland Winterhawks Ronald McDonald House Hockey Challenge game. After the Thunderbirds game, a group of all-stars will take the ice for a fun game between local celebrities, former Thunderbirds and some former NHLs. I will be one of the pylons in the all-star game watching the former NHLs skate circles around me.

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