SFCED | San Francisco Center for Economic Development

Warriors Break Ground on New San Francisco Arena

The Warriors’ new Chase Center is scheduled to open for the 2019-20 NBA season. The 18,000-seat facility will anchor an 11-acre district of restaurants, cafes, offices, public plazas and other amenities the neighborhood currently lacks, along with a new five-and-a-half-acre public waterfront park.

Warriors New Arena 2Arena funding got a major boost when JPMorgan Chase locked up naming rights 12 months ago for 20 years at a price estimated to be in the neighborhood of $300 million. It is the richest arena naming rights deal ever in the U.S.  The franchise officially broke ground on the site in the city’s Mission Bay neighborhood (not far from the San Francisco Giants’ beautiful AT&T Park) on Monday.

“We have been looking forward to this day since we first had the vision of building a privately financed state-of-the-art sports and entertainment complex in San Francisco and are excited for what this will bring to the city of San Francisco and the entire Bay Area community,” said Warriors President Rick Welts. “Chase Center and the surrounding area will serve as a destination for the entire community and we will continue to work to make sure it is the best experience possible for everyone to enjoy NBA basketball, concerts, family shows, conventions and more.”

Read more: 7×7 Warriors Break Ground on New San Francisco Arena