There hasn’t been much news of late about the arena that former oil trader Ray Bartoszek said he was going to build in the Seattle suburb of Tukwila, and apparently there are good reasons for that:
Bartoszek has said his previous investor pulled out in July, scuttling his plans to apply for an NHL expansion team.
Bartoszek has yet to find a replacement investor. He said there is still potential of one emerging by year’s end, but he could not guarantee if the land options will be extended.
So we’re back to what this whole Tukwila deal seemed like in the first place: Rich guy says he’ll build an arena with private money, as soon as he finds somebody else with private money to actually spend on it. Bartoszek has put down some money for extensions on land options already, so presumably he’s at least somewhat serious about this thing, though it could always just be something he sees as an investment in getting his name mentioned in NHL expansion owner discussions. There are worse ways to spend your money when you’re a billionaire.