Mayor Edwin M. Lee today issued the following statement:

“We are thrilled with today’s ruling. As a world class city, we’ve just upped our game with a world class arena that will bring home our Golden State Warriors.

The state-of-the-art sports and entertainment arena will provide a venue for a new-level of cultural events in our City and the Mission Bay neighborhood. The arena will also create new permanent jobs for our residents and millions of dollars in additional revenue for our City. It is the first NBA arena in the country to be privately financed and built on private property.

Thanks to the support of UCSF, the biotech community, and the Mission Bay, Dogpatch and Potrero community organizations, we will soon break ground on a multipurpose arena that works for the neighborhood and serves the entire Bay Area.

The Warriors will inspire generations of fans in an arena that will create timeless memories for current and future San Franciscans.”