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Real Estate, Development & Construction| Client Successes

Basketball Arena Fit for Kings

Situation

The city of Sacramento and the NBA's Kings sought to create a public-private partnership to build a new arena at the site of the largely defunct Downtown Plaza. As lead outside counsel to the city, our team structured the P3 arrangement and negotiated the primary agreements for the design, development, funding and use of the arena.

Result

The $477 million publicly owned, multiuse arena is the catalyst for the redevelopment of Sacramento’s Downtown Plaza. It will anchor an entertainment district that will draw visitors to downtown Sacramento for years to come.

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