The #Warriors have formally acquired the 12-acre site of its future sports & entertainment complex in Mission Bay » http://t.co/gqzmkdyKuu
— Golden St. Warriors (@warriors) October 12, 2015
The Warriors had purchased an option on the property last year but this makes it official for them to move forward with the building process.
Development plans are still going through environmental review.
The Warriors hope to open the new arena in time for the 2018-2019 NBA season.
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. @RickWelts on GSW purchase of Mission Bay site: “The #Warriors are making an unprecedented, $1 billion-plus investment in San Francisco."
— Golden St. Warriors (@warriors) October 12, 2015
More from @RickWelts "We’re the only sports team in America doing this all w/ private funds, on private land, with no public subsidy.”
— Golden St. Warriors (@warriors) October 12, 2015