Today the Sacramento Arena Task Force announced their favorite three choices to build Sacramento a new sports and entertainment arena. Developer Gerry Kamilos appears to have the strongest proposal which involves having the Cal Expo fair grounds move to Arco Arena in North Natomas, then selling the property to private developers, using the proceeds of that sale to help build the arena. However, Kamilos plan lacks any explanation on how a new Cal Expo would be paid for with the sale of the old Cal Expo land being used to build a new arena. This should be a question the City Council should press Gerry Kamilos on, where’s the estimated $100 million + going to come from to rebuild the State Fair grounds?
The two other proposals also chosen by the panel were the Thomas Enterprise Railyards project and a plan by developer Ali Mackani to build an arena with shopping, dining and a public park at the site of Westfield Downtown Plaza. An oral report will be made to the City Council on Tuesday the 16th.