OVG Oak View Group, LLC is an American Global Advisory, Development and Investment Company for Sports and Live Entertainment industries. Based in Los Angeles, it was formed on November 16, 2015, by Tim Leiweke and his business partner, Irving Azoff. Leiweke is the company's chief executive officer. The former KeyArena in Seattle was redeveloped in preparation for the Seattle Kraken, the city's National Hockey League team. The new arena, named Climate Pledge Arena via a naming rights deal with Amazon is also the home to the WNBA's Seattle Storm. On December 4, 2017, the Seattle City Council voted 7–1 to approve a memorandum of understanding with the Oak View Group for the redevelopment, which built a new subterranean arena on the existing site while retaining the historical landmarked roof and three exterior walls. Demolition and construction for the new arena began in 2018 and was fully completed in 2021. The company was competing against a rival proposal by Chris Hansen. More information...
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