History
In the early 1980s, as the National Basketball Association increased in popularity, it became apparent that the 12,888 seat Memorial Coliseum, which was the home of the Portland Trail Blazers at the time, was no longer an adequate NBA facility. The Trail Blazers had sold out every home game since April 5, 1977. In 1988, the team was purchased by Paul Allen and made appearances in the NBA Finals in 1990 and 1992. Allen soon expressed a desire to build a new arena for his team, and in 1991 chartered the Oregon Arena Corporation, a private corporation with Allen as the sole shareholder, to build and operate a new facility. The team soon made an agreement with the City of Portland to build a new multi-purpose arena on the Coliseum's parking lot.
Read more about this topic: Rose Garden (arena)
Famous quotes containing the word history:
“Man watches his history on the screen with apathy and an occasional passing flicker of horror or indignation.”
—Conor Cruise O’Brien (b. 1917)
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)
“We know only a single science, the science of history. One can look at history from two sides and divide it into the history of nature and the history of men. However, the two sides are not to be divided off; as long as men exist the history of nature and the history of men are mutually conditioned.”
—Karl Marx (1818–1883)