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Golden 1 Center is an indoor arena, located in downtown Sacramento, California, United States. It sits partially on the site of the former Downtown Plaza shopping center. The publicly owned arena is part of a business and entertainment district called Downtown Commons (DoCo), which includes a $250 million 16-story mixed-use tower.
The arena, which replaced ARCO Arena as the home of the Sacramento Kings of the National Basketball Association, hosts concerts, conventions and other sporting and entertainment events. Capacity is expandable to about 19,000 to accommodate concert audiences. 34 luxury suites were sold to include all events year-round. Suite partners have access to three exclusive clubs on the premium level including two skyboxes that overlook the concourse and have a direct view of the outside. In addition to the luxury suites, there are 48 loft-style suites.
As part of the successful effort to keep the Kings in Sacramento, an ownership group led by Vivek Ranadivé purchased the majority stake in the team from the Maloof family, with the city agreeing to partner with the Kings to build a new arena by 2016. Construction began October 29, 2014. Turner Construction, known in the Sacramento area for having built Terminal B at Sacramento International Airport and other projects, was the construction manager for the new arena.
The Kings' previous owners, led by the Maloof family, first proposed a downtown arena in 2012. The arena's estimated cost was $391 million. The City of Sacramento would have paid $255.5 million, the Kings would have contributed $73.25 million, and AEG was going to contribute $58.75 million.
Inside of Golden 1 Center during a Kings game. The Kings decided to name the street leading to the front door of the arena in honor of former NBA Commissioner David Stern, whose persistent, decades-long efforts helped keep the franchise in Sacramento. Officially, the address of the Golden 1 Center is 500 David J. Stern Walk. The arena's first concert was held on October 4, 2016, with a two-night concert held by Paul McCartney on his One on One tour.
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