The plan for building a new arena was announced on May 22, 2012, by San Francisco MayorEd Lee. The new 18,000-seat arena was originally planned to be located on Pier 30-32 along the San Francisco Bay waterfront, situated between the San Francisco Ferry Building and AT&T Park. Locals criticized the site over traffic and environmental concern. On April 19, 2014, the Warriors abandoned plans for the pier site and purchased a site owned by Salesforce.com at the Mission Bay neighborhood in an undisclosed deal. The arena project will be financed privately. The team plans to have the arena ready for the 2018–19 NBA season.