<P> The name of Chase Center was announced on January 28, 2016, as part of an agreement with JPMorgan Chase . The planned location for the arena, which would house the Golden State Warriors, is in San Francisco at Third St and 16th St. The location will have an overlook of the water . The arena will have multiple layers and floors and will have a seating capacity of 18,000 people . It will also include a multi-purpose area that includes a theater configuration with an entrance overlooking a newly built park . It will contain 580,000 square feet (54,000 m) of office and lab space and have 100,000 square feet (9,300 m) of retail space . There will also be a public plaza that is 35,000 square feet . The construction will include a parking facility of about 950 spaces and will be accessible to the public transportation around the area . A new subway line is also under construction that will link the arena and the University of California, San Francisco to downtown hotels, convention centers and subway and commuter rail lines that serve the entire Bay Area . With a one - billion - dollar investment, Chase Center will anchor a district of 11 acres of restaurants, cafés, offices, public plazas and a new five - and - a-half - acre public waterfront park . </P> <P> The plan for building a new arena was announced on May 22, 2012, at a Golden State Warriors press conference at the proposed site, attended by San Francisco Mayor Ed Lee, then - NBA Commissioner David Stern, California Lt. Governor Gavin Newsom, owners Joe Lacob and Peter Guber, and Warriors staff and city officials . A new privately financed, $500 million 17,000 to 19,000 - seat arena was planned to be located on Pier 30 - 32 along the San Francisco Bay waterfront, situated between the San Francisco Ferry Building and AT&T Park . A month after the proposal, the South Beach - Rincon - Mission Bay Neighborhood Association criticized the site and said that a second major league sport venue in the area would make it no longer "family friendly". Former San Francisco mayor Art Agnos began speaking to dozens of community gatherings in opposition to the proposed arena, stating that the project was pushed by two out - of - town billionaires and would severely impact traffic and city views . On December 30, 2013, a ballot proposition was submitted to the city titled the "Waterfront Height Limit Right to Vote Act". The initiative made it onto the June 2014 ballot as Proposition B, and its passage would affect three major waterfront developments, including the proposed Warriors arena . </P> <P> On April 19, 2014, the Warriors abandoned plans for the pier site and purchased a 12 - acre site owned by Salesforce.com at the Mission Bay neighborhood for an undisclosed amount . The arena project will be financed privately . The architect for the project is MANICA Architecture and the current plan for Chase Center is to have it built by 2019 before the NBA season starts . The plan for Chase Center to open earlier was pushed back multiple times due to many complaints about the location . Construction on the arena began in January 2017 . </P> <P> In April 2015, the Mission Bay site was opposed by the Mission Bay Alliance, which cited traffic, lack of parking, and use of space that could go to UCSF expansion among other things as their reasons for opposition . Their complaint is that Chase Center will be located near UCSF Benioff Children's Hospital and AT&T Park and will create more traffic in San Francisco . Others say that this area can be used to expand the campus of UCSF . To avoid the plan to build Chase Center being voided, representatives of the project have been working to address these issues such as traffic and parking . </P>

When will the warriors new arena be done