How business is doing near Sacramento's arenas

Giacomo Luca spoke with members of the community and businesses about how things have changed since the opening of Golden 1 Center and the closing of Sleep Train Arena. (April 15, 2017)

Surjit Singh has been working at the Natomas Food and Liquor store for the past five years, during the time when the Sleep Train Arena was open and when it closed down.

While many businesses in the area miss the game-day rush and other events, sales have held steady.

"It's kind of a little affected because we miss those events, we miss those sales, we miss those customers you know,” Singh said.

Dan Trescott is the President of the Natomas Chamber of Commerce who says the town had been preparing for years for the arena closure, as ongoing talks of the Kings potential departure from Sacramento or the building of a new arena was prevalent. 

Still, the Natomas area is holding its own as the Kings franchise considers what to do with the 180-acre site of the Sleep Train Arena, Trescott said.

New businesses are still popping up. Natomas also has the benefit of being near downtown without the congestion and free parking, Trescott said.

Contrast that with the area surrounding the Golden 1 Center – some businesses don’t open until later in the evening on weekends when there are no scheduled events at the new center.

Businesses throughout the downtown area see noticeable boosts when as many as 19,000 people flock to downtown on game and events days, said Michael Raptakis, the co-owner of Petra Greek restaurant near K street and blocks from Golden 1.

"We've noticed a spike in businesses, every little bit helps,” Raptakis said.

The Kings franchise has said time and time again they’re waiting for an opportunity that will benefit Natomas and the region.

© 2017 KXTV-TV


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