Current:Home > ScamsArizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site -VisionFunds
Arizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site
SafeX Pro View
Date:2025-04-07 09:34:20
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! (4)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Full transcript of Face the Nation, July 2, 2023
- Exxon’s Climate Fraud Trial Opens to a Packed New York Courtroom
- 6 Years After Exxon’s Oil Pipeline Burst in an Arkansas Town, a Final Accounting
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- At Flint Debate, Clinton and Sanders Avoid Talk of Environmental Racism
- State Department report on chaotic Afghan withdrawal details planning and communications failures
- Wendy Williams Receiving Treatment at Wellness Facility
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Jennie Ruby Jane Shares Insight Into Bond With The Idol Co-Star Lily-Rose Depp
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Courts Question Pipeline Builders’ Use of Eminent Domain to Take Land
- Inside the RHONJ Reunion Fight Between Teresa Giudice, Melissa Gorga That Nearly Broke Andy Cohen
- An unprecedented week at the Supreme Court
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Federal Courts Help Biden Quickly Dismantle Trump’s Climate and Environmental Legacy
- Trump’s Pick for the Supreme Court Could Deepen the Risk for Its Most Crucial Climate Change Ruling
- Kathy Griffin Undergoes Vocal Cord Surgery
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
California library uses robots to help kids with autism learn and connect with the world around them
Vanderpump Rules: Raquel Leviss Wanted to Be in a Throuple With Tom Sandoval and Ariana Madix
Women face age bias at work no matter how old they are: No right age
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
PPP loans cost nearly double what Biden's student debt forgiveness would have. Here's how the programs compare.
Vanderpump Rules Reunion: Tom Sandoval and Raquel Leviss Confess They’re Still in Love
Exxon and Oil Sands Go on Trial in New York Climate Fraud Case