This morning the Council was briefed by the Office of Economic Development (OED) on its progress in drafting an MOU with OVG Partners, the winning bidder for the Key Arena renovation project.
Next Monday, the Council’s Select Committee on Civic Arenas will meet to have its first discussion of OVG’s selected proposal for renovating Key Arena while the Mayor’s staff is negotiating a Memorandum of Understanding on how to move forward.
This afternoon, Mayor Ed Murray held a press conference to announce that he has selected Oak View Group (OVG) for the renovation and future operation of Key Arena at Seattle Center, based on their proposal.
This morning the City Council had its first discussion of the two proposals submitted last week for redevelopment of Key Arena. That was fairly straightforward. The bigger issue for them was how little involvement they would have in the decision-making process until the very end.
Today was the deadline for submitting proposals to redevelop the Key Arena at Seattle Center, and as expected two proposals arrived at the city’s door.