The bad news is that we’ll no longer have a view of the Bay Bridge from the proposed arena. The good news, from John Coté:
The Warriors will own the site outright, rather than leasing it from the Port of San Francisco, and the team says the arena will be entirely privately financed - a rare instance of a modern sports venue that would use no taxpayer funds or public land.
In other words, this is definitely going to happen now. The Warriors are coming to San Francisco.