- San Francisco’s $1.4 billion Chase Center opened in September 2019 and serves as the home of the Golden State Warriors basketball team.
- The arena is privately financed by the NBA team, but it has Silicon Valley’s tech elite to thank for making the project a reality.
- Chase Center seats 18,000 people, but the Warriors will be the first NBA team to play in an empty arena for its scheduled game on Thursday against the Brooklyn Nets.
- San Francisco just placed a two-week ban on large gatherings exceeding 1,000 people amid the coronavirus outbreak.
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San Francisco’s glitzy new $1.4 billion Chase Center arena, which will serve as the home of the Golden State Warriors basketball team, officially opened in September 2019.
The arena is privately financed, with the Warriors having poured $1.4 billion out of their own pockets to build the stadium since the city of San Francisco refused to supply financing.
The team turned to Silicon Valley’s tech elite to make the project possible.
The Golden State Warriors obtained the land from Salesforce CEO Marc Benioff to construct their state-of-the-art stadium, and the team’s investors include some of the biggest names in tech. Before the arena’s opening, the team had already brought in $2 billion from the sale of tickets, suites, and corporate sponsorship. The Warriors will also see revenue generated from office space, which is set to be filled by the ride-hailing giant Uber.
The state-of-the-art arena includes the largest scoreboard in the NBA, an outdoor plaza, retail spaces, and luxurious suites that cost upward of $1.5 million.
And while the arena can seat 18,000, the games held there for the foreseeable future will happen without the fans. San Francisco placed a two-week ban Wednesday on large gatherings exceeding 1,000 people as the city grapples with a coronavirus outbreak. The Warriors will be the first NBA team to play in an empty arena.
Take a look around what is said to be a new standard for modern-day sports arenas and see how its luxurious experiences are perfect for Silicon Valley’s tech A-listers.
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