San Francisco/GS Warriors new arena(NBA) pics

[mikecubs]

Warriors to Employ PSLs at Chase Center

As part of their ticket plans for the upcoming Chase Center, the Golden State Warriors‘ plan to offer personal seat licences (PSLs).

For the 2019-2020 season, the Warriors are expected to open the Chase Center, the new arena currently under construction in San Francisco’s Mission Bay neighborhood. More details on the cost of licences are expected to be revealed in the future, but some information on the team’s ticket plans have been reported.

According to ESPN, the team plans to cap season ticket sales at about 12,000, a number smaller than its current inventory of 14,500 at Oakland’s Oracle Arena. For season tickets for individual seats, price ranges include $15,000 or less per seat for half of the ticket inventory, with the other half costing above that amount.

The program is fairly unique not only for its structure, but in its use in the NBA. Similar concepts are commonplace in the NFL, but have not been this used to this extent by other NBA clubs. More from ESPN:

The Warriors would return the money the fan paid for the right to buy tickets after 30 years. That essentially means the personal seat license, which will be called a “membership,” is acting as an interest-free, tax-free loan to the team for three decades.

Fans can transfer or give back the license before the 30 years are up, so they aren’t required to commit to the full term, but they won’t get their money back until Year 30.

The Toronto Raptors are the only other NBA team with personal seat licenses, which are offered only for their best seats and also include rights for Toronto Maple Leafs tickets. A majority of NFL teams use licenses, however.

The membership will be transferable, but unlike in the NFL, the licenses will not be allowed to be resold for a value above the original price paid minus the years used.

Ground was broken on the Chase Center earlier this year, and it is currently expected to open in time for the 2019-20 NBA season. Until then, the Warriors will remain at Oracle Arena.

arenadigest.com/2017/07/20/warriors-employ-psls-chase-center/

[mikecubs]

I wonder if something like this to a lesser extent could be used in Calgary for a new arena?

[mikecubs]

Revenue machine rises in S.F.
Warriors’ $1 billion arena promises double that in income from suites, sponsorships and membership plan.

The Golden State Warriors are nearing completion of costly and highly anticipated arena projects as construction of the glitzy $1 billion Chase Center in San Francisco shifts toward finishing work.



Nearly nine months ahead of a September opening date, the arena’s 18,000 seats are being installed, which is about 1,000 fewer seats compared with the team’s current Oracle Arena home located across the Bay in Oakland.

Chase Center
Location: Mission Bay neighborhood, San Francisco

Tenant and owner: Golden State Warriors

Cost: $1 billion

Architects: Manica; Kendall Heaton; and Gensler (interior)

Construction: Mortenson-Clark Construction joint venture

Concessionaires: Bon Appétit Management Co. and Levy Restaurants

“We are in the homestretch,” said Rick Welts, president and COO of the Warriors who has spearheaded the arena’s development in San Francisco. “We are starting to do millwork and finishing suites.”

When Warriors owners Joe Lacob and Peter Guber open the first new arena built in San Francisco in decades, Chase Center will be a high-tech, revenue-producing powerhouse with more than $2 billion in contractually obligated revenue already on the books. It’s a record amount across sports that will hold at least until next year when the new Los Angeles NFL football stadium opens.

“When [Chase Center] opens it will be the prize winner for most contractually obligated income, but I’m not sure how long that will stand,” Welts said. “It is a combination of suite revenue, sponsorship contracts and our membership program with each season ticket associated with a membership.”

The unique season-ticket membership program is a key financing mechanism for the facility. Buyers pay a one-time membership fee with the team to fully refund the memberships after a 30-year term. More than half of the memberships will cost $15,000 or less, excluding the price of the season tickets.

“It hasn’t been done before and it is going really well,” Welts said.

The Warriors are about halfway through their sales migration offered to current season-ticket holders at Oracle Arena with about 70 percent of current season-ticket holders buying memberships into the new facility.


The 18,000-seat arena will have 32 courtside lounges and 44 midlevel suites located between the upper and lower seating bowls.
Photo: GOLDEN STATE WARRIORS
What has not yet been decided is how much the team will limit the season-ticket sales that at Oracle today stands at 14,000, with a waiting list of more than 43,000. The team has not finalized the limit on season tickets sold at the Chase Center, but it will be less than 14,000.

The new arena will have 32 courtside lounges and 44 midlevel suites located between the upper and lower bowl. In addition, there will be 60 theater boxes and 4,991 club seats.

The suite amenities include high-end furnishings with full dining tables, personal attendants and access to personal wine vaults.

“They will be more finely appointed than anything I have ever seen,” Welts said. “People will be blown away by them.”

The arena’s builder is a Mortenson-Clark joint venture and the lead architect is Manica, with Kendall Heaton as architect of record and Gensler as the interior architect.

In addition to the luxurious premium-seating options, a signature design of the new facility will be an extension of the lower bowl that reaches to the top of the north end of the arena. Located behind the extended seating is a Sky Bar. Other branded clubs within the arena are courtside lounges east, Accenture; a sideline club, United Airlines; a courtside club, Chase; and an end zone bar, Pepsi. To date, none of the arena’s gates have been branded.

The new arena has five founding partners in Accenture, Hewlett Packard Enterprises, Pepsi, RingCentral and United Airlines. More founding deals are likely to be added as the arena nears its opening.

Another major shift from the team’s current facility is that the Chase Center project will have 29 retail locations, most that will feature restaurants, located outside the arena but within the arena district.

“That is a big game changer for us,” Welts said noting the impact of those locations on fans looking to shop and spend.

Another “game changer” of the project is the construction of two commercial office buildings as part of the arena development project for a total of 580,000 square feet of commercial space under team control.

The mixed-use arena project will cover about 11 acres, which will include a public plaza fronting Chase Center.

The plaza will be the site of the team’s flagship store located near the arena’s main entrance, unique among NBA facilities that typically have their team stores connected to their arenas.

“The store will be located outside the building and we are excited about that,” Welts said.

The store will be 10,000 square feet and its location will allow customers 365-day access to shopping even without a ticket to the arena.

In addition to two other smaller team stores that will be on the main concourse, the arena will have eight smaller merchandise stands to be located throughout its upper bowl.

Chase Center’s food provider is a partnership between Levy Restaurants and Bon Appétit Management.

When the arena opens in September, it will mark two years of construction for the team, but the building amenities won’t be fully completed.

Plans in 2020 call for a 3,000- to 5,000-seat theater to host entertainment acts to be built within the arena with a separate entrance that will give theater-goers the sense of being in an entirely separate facility.

When fully completed, the Chase Center will host at least 200 events annually.

“It hasn’t been done before to this degree,” Welts said of the theater within the arena feature. “From day one, this has been all about basketball and concerts.”

www.sportsbusinessdaily.com/Journal/Issues/2019/01/14/In-Depth/Warriors.aspx

[mikecubs]

^^^^Eastern wall of windows provide views of the bay and nearby ships.







^^Theater boxes







^^Chase Center main entrance with 82-by-52-foot display.



^^The Gatehouse on Third Street



^^Olafur Eliasson’s Seeing Spheres.





^^Piece of old court



^^^One of the premier Google Cloud courtside lounges. Each ones comes with its own floor-to-ceiling screen to watch the game or concert in progress

[mikecubs]

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[mikecubs]

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[ekjet72]

Amazing building which every owner will want now for his/her team. Prepare for the begging by billionaires for money out of the public purse.

[mikecubs]

Oct 5, 2019 15:42:50 GMT -6 ekjet72 said:

Amazing building which every owner will want now for his/her team. Prepare for the begging by billionaires for money out of the public purse.

This building was 100% privately financed including the team buying the land. The total cost of this was 1.4 Billion! Elite huge markets can privately finance their own buildings.

The part about other teams wanting this isn't going to happen. Other than the Clippers in the NBA and Flames/Senators/Coyotes in the NHL everyone is content with their buildings in the NBA and NHL. Almost all the 90's arenas have had major renovations/lease extensions. The Warriors last arena was from 1966 thus the need for this.

[mikecubs]

The Warriors played their 1st pre-season game last night at the new arena vs. the LA Lakers and lost 123-101

Pics











^^^ The view straight up at a Chase Center chandelier in San Francisco, Calif. looks celestial



^^^ Golden State Warriors fans arriving at Chase Center, Saturday, Oct. 5, 2019, walk past a popcorn-themed mural of Stephen Curry before the team's first game back in San Francisco, Cali