Current:Home > NewsArizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site -TradeBridge
Arizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site
NovaQuant View
Date:2025-04-08 13:07:21
PHOENIX (AP) — The Arizona Coyotes have the green light to bid on a tract of land in north Phoenix in their yearslong bid to build a new arena.
The Arizona State Land Department Board of Appeals unanimously approved the $68.5 million appraisal of the 95 acres on Thursday. The decision sets the stage for the Arizona State Land Department to sell the land at auction with a starting price of $68.5 million. The next step is to set an auction date, which must be publicly advertised for 10 weeks.
Coyotes owner Alex Meruelo looked at various potential arena sites around the Valley before zeroing in on the tract of land near Scottsdale.
“I think people are craving certainty,” NHL Commissioner Gary Bettman said recently. “And we are, too, but this isn’t a 60-minute game where the light goes on and the game’s over. He’s (Meruelo) working on it. We still have some time.”
The Coyotes have been searching for a permanent home since their former owner took the franchise in bankruptcy in 2009. The team appeared to have stable footing at then-Gila River Arena, but the city of Glendale backed out of a multimillion-dollar lease agreement in 2015.
The Coyotes had leased Gila River Arena on a yearly basis before the city terminated the contract following the 2021-22 season. Arizona has played the past two seasons at Mullett Arena, a 5,000-seat facility that’s by far the NHL’s smallest and is shared with Arizona State University.
___
AP NHL: https://apnews.com/hub/nhl
veryGood! (7187)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- After family feud, Myanmar court orders auction of home where Suu Kyi spent 15 years’ house arrest
- Russia fires genetics institute head who claimed humans once lived for 900 years
- 4 police officers killed in highway attack in north-central Mexico
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Nick Dunlap turns pro after becoming first amateur to win PGA Tour event in 33 years
- Zimbabwe’s main opposition leader quits, claiming his party was hijacked by president’s ruling party
- How To Tech: Why it’s important to turn on Apple’s new Stolen Device Protection
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- More than 1 in 4 U.S. adults identify as religious nones, new data shows. Here's what this means.
Ranking
- Current, future North Carolina governor’s challenge of power
- Binge and bail: How 'serial churners' save money on Netflix, Hulu and Disney
- Turkey's parliament approves Sweden's NATO membership, lifting key hurdle to entry into military alliance
- US growth likely slowed last quarter but still pointed to a resilient economy
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Defending champion Sabalenka beats US Open winner Gauff to reach Australian Open final
- Robitussin cough syrup recall issued nationwide due to microbial contamination
- Powerball jackpot grows to $164 million for January 24 drawing. See the winning numbers.
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Ben Affleck and why we like iced coffee year-round
NYC issues public health advisory about social media, designates it an environmental health toxin due to its impact on kids
How genocide officially became a crime, and why South Africa is accusing Israel of committing it
2025 'Doomsday Clock': This is how close we are to self
Iran disqualifies former moderate president from running for reelection to influential assembly
Seattle will pay $10 million to protesters who said police used excessive force during 2020 protests
'Still calling them Toro Rosso': F1 team's rebrand to Visa Cash App RB leaves fans longing