Sonics owner Ted Leonsis is in the final stages of applying for a $250 million grant application from the Seattle Symphony Orchestra to help build a new arena and training facility.
The Sonics have proposed a new $250m arena, a $20m facility for concerts, a new training facility and a $10m parking garage.
They’ve also sought to develop a partnership with a company that will own the arena.
The orchestra said in a statement on Monday it would be the first time in US history that the orchestra will receive a grant under the $250mn arena and sports facility proposal.
“This application is the culmination of an extensive and comprehensive review of Sonics proposals, including extensive discussions with the Sonichus, the Seattle Chamber of Commerce, the Greater Seattle Convention & Visitors Bureau, the Metropolitan Seattle Association of Governments and the Mayor’s Office of Economic Development, among others,” the orchestra said.
“The orchestra is thrilled to be awarded this historic grant for the development of the Sonic Center and the Soni Arena, and we look forward to a long and productive relationship with the orchestra.”
The Sonic Arena, which will feature a retractable roof, will feature restaurants and shops, a hotel and retail shops.
It will be built in partnership with the Seattle Sports Authority, the Sonikas development arm, which is responsible for the $100m stadium and other sports facilities across the US.
The proposed arena will be located at the former Seattle Pacific Coliseum site at 14th Avenue SW and Pine Street NE, about a quarter-mile north of the downtown core.
Sonics president Paul Allen said the arena would provide an opportunity for the orchestra to expand their international presence and showcase the Sonas global talent, and create more jobs.
Sonichus President Paul Allen is at the center of the $500m arena plan in Seattle.
He said in February that he would like to build a second arena in Chicago, and that it would take several years to do so.
The arena proposal has drawn criticism from the Washington State Attorney General’s Office, which has said it will use its legal authority to block the project.
Sonic Arena spokesman Jim Phelan said the orchestra and the city are still negotiating the final terms of the grant application and the financing, but the city and Sonics remain committed to working together to build an arena.
Sonikas president and CEO James Gallagher told reporters on Sunday that he has been in contact with the city, the state and the orchestra, and said the agreement will create a more harmonious environment.
“It is very important that we do everything we can to build this arena and the arena and everything that it provides to the Sonis,” he said.
“The arena is a cornerstone for the future of Sonichas, the orchestra’s world-class entertainment, and for the greater Seattle region.”
The orchestra, which had been seeking a $300m federal grant for two years, has said in recent weeks that it has not been able to secure enough funds to complete the $2.5bn stadium and associated facilities project.
The orchestra has been the target of a lawsuit from the city of Seattle, which claimed in a recent filing that the arena was not fully paid for.
Sonically, the concert industry, including the Sonigas, has expressed a desire to see the arena built, but has said that the Sonos are the only concert company willing to provide the arena with a building, and it would require a significant investment to make the project a reality.
The Sonichos are also in talks with the NBA to play in the arena in the 2020-21 season.