USA Today Q&A with Steinberg, Lehane & KJ

Mike0476

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Q&A with Steinberg -

"In the past it hasn't been for the lack of trying. With the economy's downturn and the fact that in California our tax system really doesn't allow for public financing of these kinds of facilities it's been a challenge. This time I have more hope than I've ever had."

http://www.usatoday.com/sports/bask...darrell-steinberg-sacramento-kings/50266878/1

Q&A with Lehane -

"You got to be able to put together a variety of funding options that's palatable to the public and put them together in a puzzle to get to the number that you need to. We're effectively there. It's politically viable, legally viable, and economically viable to get a facility built."

http://www.usatoday.com/sports/bask.../chris-lehane-think-big-sacramento/50266852/1

Q&A with KJ -

"We're going to release a report that shows a menu of options on the public financing side. We looked at 30 different things. We're narrowing it down to 10 or nine or eight."

"It's going to an intermodal, which is very similar to Madison Square Garden (New York) and Boston, where you have a transportation hub connected to a venue that deals with green and transit-oriented development, all those "Smart" things. It goes back to us only having one team. Our market can probably support something that's 600,000 or 700,000 square feet and not something that's humongous, because we just don't have the market to do that. Our footprint will be a little bit smaller. That's why we think we can keep our cost under $400 million."

http://www.usatoday.com/sports/bask...orking-to-keep-Kings-in-Sacramento/50267288/1
 
Thanks for both threads, Mike. All I know is that, with KJ behind the wheel, Sacramento is finally driving the bus. The city always needed to be the force behind a new arena and that is what was so frustrating for so long. Nobody at the city ever seemed to know how to get from A to B.

It's taken a lot of will and a lot of people coming together to get this far. I'm hopeful, but know it's going to take a lot more work from now until the deal is set and financed. Go Sacramento!
 
Thanks for both threads, Mike. All I know is that, with KJ behind the wheel, Sacramento is finally driving the bus. The city always needed to be the force behind a new arena and that is what was so frustrating for so long. Nobody at the city ever seemed to know how to get from A to B.

I think it was more that nobody at the city cared about a new arena.
 
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