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Stock impact report

Companies vie to remake Seattle arena to attract NHL, NBA [Associated Press]

Hudson Pacific Properties, Inc. (HPP) 
Last hudson pacific properties, inc. earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: hudsonpacificproperties.com
Buy AP Photo Reprints SEATTLE (AP) — Two arena companies have pitched multi-million plans to remake Seattle's KeyArena into a premier entertainment venue that's ready for an NBA or NHL team. Seattle has so far received two proposals ahead of Wednesday's 5 p.m. PDT deadline for bids to renovate the 55-year-old city-owned facility. KeyArena was the former home of the SuperSonics before the basketball team bolted for Oklahoma City in 2008. In February, city officials sought proposals to reimagine KeyArena into a facility that attracts more music, entertainment and sports events, including a potential NBA or NHL team. Developers would be responsible for all costs for redevelopment and construction. Los Angeles-based Oak View Group on Wednesday submitted a $564 million plan that calls for the arena to be renovated by October 2020 and ready for the following NBA or NHL seasons, The Seattle Times reported (http://bit.ly Show less Read more
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