The Golden State Warriors have taken an important step towards building a new arena. The team has acquired 12 acres of land that will serve as the new location for the complex.

Marc J. Spears of Yahoo! Sports broke the news on Monday. The site will be located in San Francisco Mission Bay, and the plan is to open the new arena in time for the 2018-19 NBA season.

Golden State has played at Oracle Arena since 1971, but it has long been suspected that when the team did build a new arena it would not be located in Oakland. Now that the sale is official, it’s no longer a question.

According to, the Warriors expect the environmental review to be completed this fall for the project, which would be the next big hurdle to get over in the process. Per the report, “The 18,000-plus seat arena will anchor 12 acres of restaurants, cafes, offices, public plazas and other amenities.”

This is an exciting development for the franchise. Thanks to some savvy personnel moves the past handful of years, and thanks to the coaching of Steve Kerr, Golden State has a bright future on the court, which will be a little bit brighter itself in a few years.