UPDATE: Sacramento Business Journal, Planning commission gives Kings arena a big thumbs-up (Apr. 11, 2014) — “With a unanimous vote, the board recommended approval to the City Council both for the arena and entitlements for surrounding development.”
The Sacramento Bee confirmed yesterday that the City of Sacramento (City) announced that Sacramento’s Planning and Design Commission (Commission) is scheduled to vote on the planned downtown Sacramento Kings’ arena project at its April 10 meeting. Among the issues the Commission will debate include:
- The arena’s environmental impact report
- The project’s design
- A development agreement between the Sacramento Kings and City
- Guidelines for the 1.5 million sq. ft. of development the Sacramento Kings are planning around the arena
- Various zoning permits
- A plan for the Sacramento Kings to construct 7 electronic billboards around the City
If the Commission approves the arena project, it will head to the City Council in late April or early May. In addition to the development plans and environmental report, the City Council will have to approve a proposal to commit $258 million in public money to the $448 million arena project.
Additional Source: The Sacramento Bee, Sacramento arena plan goes to Planning Commission April 10 (Mar. 28, 2014); Latest Concepts for Sacramento Kings Arena Unveiled; Turner Construction Company to Build New Sacramento Kings Arena; Sacramento Kings Announce They Will Be The First Pro Sports Franchise To Accept Bitcoin