Golden 1 Center

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Golden 1 Center
Golden 1 Center.jpg
300px
Rendering, corner of 5th & L Streets
Location 547 L Street
Sacramento, California 95814
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Owner City of Sacramento[1]
Operator Sacramento Kings LP, LLC[1]
Capacity Basketball: 17,500
Concerts: 19,000
Field size 779,200 square feet (72,390 m2)
Construction
Broke ground October 29, 2014[2]
Opened October 2016 (planned)
Construction cost $534.6 million[3]
Architect AECOM[4]
Mark Dziewulski Architect[5]
Project manager ICON Venue Group
Structural engineer Thornton Tomasetti/Buehler & Buehler[5]
Services engineer Henderson Engineers, Inc.[5]
General contractor Turner Construction[4]
Tenants
Sacramento Kings (NBA) (2016–) (planned)

Golden 1 Center is a multi-purpose indoor arena, currently under construction in downtown Sacramento, California. It sits partially on the site of the former Downtown Plaza shopping center.[6] The publicly owned arena is part of a business and entertainment district called Downtown Commons, otherwise known as DoCo, which will include a $250 million 16-story mixed-use tower.

The arena will host concerts, conventions and other sporting and entertainment events. Upon completion, it will replace Sleep Train Arena as the home of the Sacramento Kings of the National Basketball Association. Thirty-four luxury suites will be sold to include all events year-round. Suite partners will have access to three exclusive clubs on the premium level including two skyboxes that will overlook the concourse and have a direct view of the outside. Capacity will be expandable to about 19,000 to accommodate concert audiences.

History

As part of the successful effort to keep the Kings in Sacramento, an ownership group led by Vivek Ranadivé purchased the majority stake in the team from the Maloof family, with the city agreeing to partner with the Kings to build a new arena by 2016. Construction began October 29, 2014.[2][7] Turner Construction, known in the Sacramento area for having built Terminal B at Sacramento International Airport and other projects, is the head of development for the new arena.

The Kings' previous owners, led by the Maloof family, first proposed a downtown arena in 2012.[8] The arena's estimated cost was $391 million. The City of Sacramento would have paid $255.5 million, the Kings would have contributed $73.25 million, and AEG was going to contribute $58.75 million.[9]

Financing

The Sacramento City Council voted approval of public financing and other terms on May 20, 2014.[10] The total cost of Golden 1 Center is estimated to be $507 million. The Sacramento Kings will contribute approximately $284 million and the City of Sacramento will contribute approximately $223 million. The City of Sacramento will finance its contribution through the sale of bonds ($212 million) and parking and economic development funds ($11 million).

Construction costs of the new Golden 1 Center have risen to $534.6 million due to the a change in the seating configuration that will move hundreds of seats to the lower bowl and closer to the basketball court and additional features.[11]

Design

The arena will be carbon and grid neutral, as well as LEED Gold-certified. Golden 1 Center will also reflect the fabric of Northern California by utilizing regionally sourced materials that range from glass to recycled aluminum to potentially precast concrete, composed of sand from San Benito and rocks of Sierra limestone that reflect the colors of the region. What's more, Golden 1 Center will utilize only FSC-Certified wood, an international standard of quality and responsible forest management.

A rooftop solar array will be installed by Solar Power Inc. at a cost of $2.5 million and will generate 700 kilowatts. Installing solar power is part of the Sacramento Kings ownership’s goal to have its new sports and entertainment center be the most technologically advanced arena in the country, and that includes being efficient and using renewable energy.[12]

Technology

The main videoboard, to be hung over center court, will be 84-feet long, only 10-feet shorter than the basketball court below. Developed in partnership with Panasonic Corp. of North America, it will consume more than 6,100 square feet and will include the largest screens in the NBA. The main screens will be 44 feet wide by 24 feet tall, crowned by 6-foot-tall message boards known as “ribbons.” The videos will broadcast in what is known as “4K Ultra HD". In addition to the main scoreboard, two 25-feet tall video screens will welcome fans as they walk through the arena’s main entrance facing the public plaza, and another 600 HD displays will broadcast the game to fans gathered in concourses, clubs and suites, Over 1,500 feet of LED ribbon boards will also be installed throughout the arena bowl.[13]

According to a Kings news release, the arena will be “the world’s most connected indoor sports and entertainment venue" as the result of a multi-year deal with Comcast to provide “fully redundant transport facilities and two 100-gigabit ethernet dedicated internet circuits” at the facility. Free wi-fi connections at the arena will be 17,000 times faster than the average home network. The connection will extend into the plaza surrounding the arena. As an example of its bandwidth, the team said the network will be able to handle more than 225,000 posts on Instagram every second.[14]

A rooftop platform with light pipes can be programmed by local artists and used to convey events in the arena to the public through visually appealing light shows.

Naming rights

On June 16, 2015, Sacramento-based Golden 1 Credit Union acquired naming rights for the arena at a cost of $120 million over 20 years, with an average annual value at $6 million, making it one of the largest naming rights deals for a single-tenant NBA arena.[15]

Accessibility and transportation

It is estimated that 10-15% of visitors will walk, bike or take public transportation to Golden 1 Center events. More than 13,500 parking spaces exist within a ½-mile of the arena. Sacramento Regional Transit (RT) has five light rail stations in the vicinity, with the closest at 7th and K Streets. The Sacramento Valley Station, located at 4th and I Streets, offers Amtrak trains, RT trains/busses, and taxi service.

Notable events

Basketball

The Sacramento Kings are scheduled to begin using the arena for the 2016–2017 NBA season. The arena will be home to the California Interscholastic Federation High School Basketball State Championships starting in 2017.

College basketball

The National Collegiate Athletic Association (NCAA) announced Sacramento as a host city for the first and second rounds of the 2017 NCAA Men's Division I Basketball Tournament on March 17 and 19, 2017.[16]

Concerts

On November 6, 2015, it was announced Maroon 5 will perform at the Golden 1 Center on October 15, 2016, as part of their 2016 North American tour. [17]

On May 2, 2016, it was announced Paul McCartney will perform at the Golden 1 Center on October 4 and 5, 2016, as a part of his One on One tour. [18]

On May 9, 2016, it was announced Twenty One Pilots will perform at the Golden 1 Center on February 11, 2017, as a part of their Emotional Roadshow World Tour. [19]

On May 12, 2016, it was announced Pentatonix will perform at the Golden 1 Center on October 19, 2016, as a part of their Pentatonix World Tour 2016. [20]

References

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  16. March Madness returning to Sacramento in 2017
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External links

Events and tenants
Preceded by Home of the Sacramento Kings
2016 – present
Succeeded by
current