Led by Seattle native hedge-fund manager Christopher Hansen, the group has bought a tract of land just south of the Safeco Field parking garage, and says that there will be no need to worry about "eminent domain" seizures from the city. That suggests that earlier worries about possible business holdouts at the proposed Sodo arena site are no longer a concern.
It also appears that this arena option is much farther along than the rumored Don Levin arena on the eastside. That doesn't proclude Levin from being an NHL owner in Hansen's building, nor from contributing to the Sodo arena financially.
More after the break:
