Sacramento Kings to Receive New $477M Entertainment and Sports Center
SACRAMENTO, CALIF. – The Sacramento Kings will soon play ball in a new 17,500-seat Entertainment and Sports Center (ESC) in Downtown Sacramento. The $477-million project is scheduled to open in September 2016.
The Kings Arena is one facet of the larger ESC project. This redevelopment project will eventually envelope four Downtown city blocks.
The multi-use Kings facility is set to include a state-of-the-art practice space and administrative offices. The larger redevelopment project will feature 1.5 million square feet of additional development, including 475,000 square feet of office space, 350,000 square feet of retail, a 250-room hotel and 550 residential units.
The new project is anticipated to bring about 1.6 million new visitors to the region, generating $230 million in economic activity on an annual basis, according to reports.
The project is aiming for LEED-Gold certification. It will be built by Turner Construction, while Clark Pacific will handle the majority of the concrete work.