Tag

Land Auction

All articles tagged with #land auction

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.

sports1 year ago

State Cancels Key Land Auction, Threatening Arizona Coyotes' Future

The Arizona State Land Department has canceled a crucial land auction needed for the Arizona Coyotes to construct a new arena, significantly impacting the team's chances of returning to the Phoenix area. The department cited the need for a Special Use Permit before proceeding with the auction. The Coyotes now face a tight deadline to secure a new land deal and complete 50% of the arena by December 31, 2027, to reactivate the team.

sports1 year ago

"Coyotes CEO Vows to Secure Land for New Arena or Consider Relocation"

The Arizona Coyotes are set to bid on a parcel of land in north Phoenix at a June 27 auction, aiming to secure a site for their new arena. The proposed development includes an arena, practice facility, theater, housing units, and entertainment district without taxpayer funding. The team plans to start construction in 2025 and hopes to begin playing in the new arena by fall 2027. The Coyotes have faced challenges in finding a permanent home since 2009, but remain committed to staying in the greater Phoenix area.

sports1 year ago

"Arizona Coyotes Unveil New Arena Proposal Renderings"

The Arizona Coyotes have released renderings of a potential new arena in northeast Phoenix, as they have been given the green light to bid on a tract of land for the project. The 95-acre land appraisal was approved, setting the stage for a future auction with a starting price of $68.5 million. The location is near Desert Ridge Marketplace, and the team's owner, Alex Meruelo, is reportedly confident in winning the auction. However, the NHL has not set a deadline for Arizona to finalize plans for the new arena, and there are concerns about the league having enough time to pivot for relocation ahead of next season.

real-estate2 years ago

"Michigan DNR Auctions Off 95 State Land Parcels, Including Lakefront Properties"

The Michigan Department of Natural Resources (DNR) is auctioning off 95 parcels of land across the state, offering individuals the opportunity to own their own piece of Michigan's natural beauty. The auction includes properties in 12 counties, with minimum bids starting as low as $300. The DNR is selling surplus land to ensure that it is being used for the benefit of residents, visitors, and natural resources. Proceeds from the auction will support future outdoor recreational activities and the conservation of Michigan's natural and cultural resources. Notable properties include waterfront lots and large acreage properties. Bidders must register before the auction date, and absentee bids can be made in advance.