Current:Home > ScamsArizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site -Achieve Wealth Network
Arizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site
View
Date:2025-04-17 14:31:52
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! (8293)
Related
- Sam Taylor
- Shannen Doherty Says the Clutter Is Out of Her Life Amid Divorce and Cancer Battle
- Beyoncé Just Revealed the Official Name of Act II—And We’re Tipping Our Hats to It
- What is the Ides of March? Here's why it demands caution.
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Eric Carmen, 'All By Myself' singer and frontman of the Raspberries, dies at 74
- Record ocean temperatures could lead to explosive hurricane season, meteorologist says
- Fears of noncitizens voting prompt GOP state lawmakers in Missouri to propose driver’s license label
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Judge cuts bond by nearly $1.9 million for man accused of car crash that injured Sen. Manchin’s wife
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- See Vanderpump Rules' Ariana Madix and Tom Sandoval Face Off in Uncomfortable Preview
- Wisconsin Republicans fire eight more Evers appointees, including regents and judicial watchdogs
- New York police crack down on vehicles avoiding tolls with fake license plates
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Beyoncé Just Revealed the Official Name of Act II—And We’re Tipping Our Hats to It
- Georgia restricted transgender care for youth in 2023. Now Republicans are seeking an outright ban
- Jenifer Lewis thought she was going to die after falling 10 feet off a hotel balcony
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Netanyahu dismisses Biden's warning over innocent lives being lost in Israel's war with Hamas in Gaza
U.S. military airlifts embassy staff from Port-au-Prince amid Haiti's escalating gang violence
Fifth body found shot near West Virginia house fire where four people died
Nearly half of US teens are online ‘constantly,’ Pew report finds
Uvalde police chief who was on vacation during Robb Elementary shooting resigns
Ex-Jaguars employee who stole $22 million from team sentenced to 6½ years in prison
Robert Downey Jr. and Emma Stone criticized for allegedly snubbing presenters at Oscars