The Golden State Warriors have maintained that they are committed to building a new arena on the San Francisco waterfront, but according to SportBusiness International the team have conceded that the opening date will be pushed back to 2018.
Plans have been in motion since May 2012 to build a new sports and entertainment arena in San Francisco, moving the team from their current Oakland home, Oracle Arena, where the team have been based for 42 years.
Since the announcement of the plans, the Warriors have faced increased costs, and opposition from local residents, especially problematic since the project amy need voter approval because of waterfront height restrictions.
The proposed site is a 13-acre pier, that is falling into the Bay. Part of the Warriors’ plans is to restore the pier, build a new pavilion and create eight acres of public open space, with parks, plazas and wide-open paths forming part of the latest design.
Team president Rick Welts told the San Jose Mercury News newspaper:
“We’re expecting to make 2018, and we’re full-speed ahead. Any indication there is any pause, that we’re taking our foot off the pedal, is completely inaccurate.”
Co-owners Joe Lacob and Peter Guber have been trying to return the Warriors to San Francisco since buying the franchise for a league-record $450m in 2010.