More Land Purchased for New Seattle Arena - Spokane, North Idaho News & Weather KHQ.com

More Land Purchased for New Seattle Arena

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Courtesy AP

The man hoping to bring an NBA team back to Seattle has bought another parcel of land in the area where he plans to build a new arena.

KING-TV reports Chris Hansen's company closed Tuesday on the $8 million purchase of a half-acre property where the Showbox SODO music venue now sits.

Hansen plans a $490 million arena that would also be home to an NHL team. The plan calls for $200 million in public money. The King County Council has approved the idea. The Seattle City Council is still considering the proposal.