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:
“There is nothing truer than myth: history, in its attempt to realize myth, distorts it, stops halfway; when history claims to have succeeded this is nothing but humbug and mystification. Everything we dream is realizable. Reality does not have to be: it is simply what it is.”
—Eugène Ionesco (b. 1912)
“The history of literaturetake the net result of Tiraboshi, Warton, or Schlegel,is a sum of a very few ideas, and of very few original tales,all the rest being variation of these.”
—Ralph Waldo Emerson (18031882)
“Like their personal lives, womens history is fragmented, interrupted; a shadow history of human beings whose existence has been shaped by the efforts and the demands of others.”
—Elizabeth Janeway (b. 1913)