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Seattle unveils plans for new arena

Updated: February 17, 2012, 6:34 PM ET
Associated Press

SEATTLE -- Christopher Hansen is making a $290 million proposal to his hometown that could be the impetus for a new sports arena that could bring the NBA and NHL to Seattle.

All he needs to make it a reality is city and county approval equaling $200 million and the two franchises.

Hansen, a hedge-fund manager based in San Francisco and a Seattle native, submitted a proposal to the city Thursday that calls for $290 million in private investment toward the construction of a new arena ...

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