When did Barclays Center open its doors?
Barclays Center opened its doors on the 28th of September 2012. The path to opening was delayed by legal battles over eminent domain that halted construction until 2010.
Short answers, pulled from the story.
Barclays Center opened its doors on the 28th of September 2012. The path to opening was delayed by legal battles over eminent domain that halted construction until 2010.
Real estate developer Bruce Ratner purchased the New Jersey Nets basketball team in 2004 for $300 million. This purchase marked the first step of a process to build a new home for the team in Brooklyn.
The company agreed to pay the team $400 million over the next 20 years for the naming rights before renegotiating the deal to slightly more than $200 million due to the economic slump. This agreement eclipsed the previous record set by Royal Philips Electronics in 1999 for $185 million over 20 years.
Capacity for hockey is 15,795 which makes it the second-smallest venue in the league behind Winnipeg's Canada Life Centre. The seating arrangement for hockey is asymmetrical with at least 416 seats that were not sold at all due to poor sight lines.
On the 18th of January 2007 it was announced that the arena would be called Barclays Center after London-based banking group Barclays. The financing of the stadium was eligible for tax-exempt bonds which were issued in 2009 for a total of $510,999,996.50.