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Published: April 8, 2008
Seattle bid for KeyArena improvements fails
By Jenni Carlson

Efforts in Seattle to secure funding for KeyArena renovations have failed.

Mayor Greg Nickels announced Tuesday that that city will be unable to close a deal to evenly split those renovation costs with a local investment group.

That high-powered and well-funded group had pledged $150 million toward the arena upgrades. Because the KeyArena is city-owned, though, the private inv...

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