Llama19
Registered User
To quote:
"The Arizona Coyotes are in talks with Tempe to relocate the hockey franchise from Glendale to the East Valley, according to sources close to the city.
Tempe is expected to issue a request for proposals Thursday to attract a professional sports franchise and a developer that will build an arena and entertainment center on a narrow strip of city-owned land near Priest Drive and Rio Salado Parkway, sources said.
The land, on the southern banks of the dry Salt River just west of Tempe Town Lake, currently houses the city’s public works and compost yard. The land is viewed as prime real estate in the center of metro Phoenix, but would require environmental remediation.
The cleanup would cost an estimated $70 million, but development on the land could generate approximately $260 million in revenue over 30 years, according to the consultant."
Source (Paywall): www.azcentral.com/story/news/local/tempe/2021/07/22/arizona-coyotes-talks-tempe-new-arena/8052304002/
"The Arizona Coyotes are in talks with Tempe to relocate the hockey franchise from Glendale to the East Valley, according to sources close to the city.
Tempe is expected to issue a request for proposals Thursday to attract a professional sports franchise and a developer that will build an arena and entertainment center on a narrow strip of city-owned land near Priest Drive and Rio Salado Parkway, sources said.
The land, on the southern banks of the dry Salt River just west of Tempe Town Lake, currently houses the city’s public works and compost yard. The land is viewed as prime real estate in the center of metro Phoenix, but would require environmental remediation.
The cleanup would cost an estimated $70 million, but development on the land could generate approximately $260 million in revenue over 30 years, according to the consultant."
Source (Paywall): www.azcentral.com/story/news/local/tempe/2021/07/22/arizona-coyotes-talks-tempe-new-arena/8052304002/