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Arena Development

All articles tagged with #arena development

sports1 year ago

Arizona Coyotes' Arena Plans in Jeopardy After Land Auction Cancellation

The Arizona Coyotes' future in Arizona is uncertain after the Arizona State Land Department canceled a land auction for a proposed new arena site in north Phoenix. The team criticized the decision, stating it jeopardizes NHL hockey in the state. The land requires a special use permit for arena development, which the Coyotes have not yet secured. The team is exploring legal options, while local leaders and former team executives criticize the Coyotes' management and intentions.

sports-and-entertainment1 year ago

"Coyotes Secure Land Auction Win for Privately Funded Arena & Entertainment District"

The Arizona Coyotes have announced their commitment to winning a state land auction and developing a privately funded sports arena and entertainment district in Phoenix, Arizona, without taxpayer funding. The proposed development includes a state-of-the-art arena, practice facility, live music theater, retail space, residential units, office space, and more, with the aim of creating a vibrant community and generating significant economic benefits for the region. The project is expected to create thousands of jobs and generate billions in new spending and tax revenues over the next 30 years.