Wednesday, June 13, 2012

Seattle Times: Ballmer, Nordstroms part of Seattle arena investor group

It is good to have more than one potential investor's voice expressing their interest in moving forward. I was concerned that there could be some stagnation.
"These three gentlemen, like me, are committed to operating the arena and the NBA franchise in a way that represents and upholds the values of our community. They appreciate the role the Sonics played in this community for more than 40 years and see this project as an opportunity to bring that civic asset back to our community. They also understand the unique ability of professional basketball to positively affect urban youth," wrote Hansen. Hansen has been criticized in recent months for a lack of transparency for not naming his local partners. The letter says the investor group is not yet fully assembled but that these individuals agreed to come forward at this time. "I have been very impressed with Chris's thoughtful plan to build a viable arena that makes Seattle an obvious choice for a successful NBA city. There are many details to work through and lots of work yet to be done, but I believe Chris's plan represents a unique opportunity for the community," Peter Nordstrom said in a statement. Seattle Times: Ballmer, Nordstroms part of Seattle arena investor group
Have a great day, Mike Baker Sent from my iPhone

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