More land purchased for new Seattle arena

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Associated Press

Posted on August 29, 2012 at 10:01 AM

Updated Wednesday, Aug 29 at 10:01 AM

SEATTLE (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 reports (http://is.gd/Uq0wJf) 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.

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Information from: KING-TV, http://www.king5.com/

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