Golden State Warriors New Arena: Latest News, Photos, Comments and More

Timothy Rapp@@TRappaRTFeatured Columnist

An artists sketch showing the Golden State Warriors proposed new basketball arena is displayed with the San Francisco-Oakland Bay Bridge in the background in San Francisco, Tuesday, May 22, 2012. The Warriors unveiled plans to build an arena at Piers 30-32. The waterfront site  is just blocks from the San Francisco Giants' ballpark and the downtown financial district. The arena is expected to be completed by 2017. (AP Photo/Eric Risberg)
Eric Risberg/Associated Press

The Golden State Warriors announced Monday that they purchased the 12-acre site of their future arena and entertainment complex at San Francisco's Mission Bay.

The new arena is expected to be open for the 2018-19 NBA season.

“The Warriors are making an unprecedented, $1 billion-plus investment in San Francisco,” said Rick Welts, the team's president and COO. “We’re the only sports team in America doing this all with private funds, on private land, with no public subsidy.”

Jimmy Spencer of the Sporting News provided some animated renderings of the new site:

Jimmy Spencer @JimmySpencerUN

Early animated renderings of the Warriors’ San Francisco arena at the Mission Bay site: http://t.co/epgmj1YOXc

The new 18,000-seat arena will be the centerpiece of a Mission Bay entertainment complex that will also include "12 acres of restaurants, cafes, offices, public plazas and other amenities the neighborhood currently lacks, and will trigger the development of a 5-acre public park on the waterfront," per the team's website.

The Oracle Arena in Oakland has been the team's venue since 1971, making it the oldest home court in the NBA.

It's certainly an exciting time for the team and its fans, as the Warriors are the defending NBA champions and have built a young nucleus of exciting, talented players led by league MVP Steph Curry, Klay Thompson, Draymond Green and Harrison Barnes. 

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