The $507 million Golden 1 Center is a multi-purpose indoor arena in downtown Sacramento, Calif., and is mostly known as the home of the Sacramento Kings. With much anticipation, it officially opened during a ribbon-cutting ceremony September 30, attended by NBA team owners, various political figures, current and former Kings players as well as former Commissioner David Stern.
The 17,500-seat arena will host concerts, conventions and other sporting and entertainment events. It features more luxury suites and a potential capacity of 19,000 seats.