The Arizona Coyotes are a step closer to securing a large tract of state-owned land in north Phoenix for a new arena.
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The organization’s application for 95 acres of state land for a new arena will be taken up Thursday by the Arizona Land Department Board of Appeals. The board could approve a land auction.
An appraisal for the Arizona Land Department filed last week sets the minimum sale price at $68.5 million, according to Arizona Land Department documents obtained by 12News.
The team has targeted 95 acres of pristine Sonoran Desert at the northwest corner of North Scottsdale Road and the Loop 101.
Original reporting: https://www.12news.com/article/news/local/valley/new-arena-for-arizona-coyotes-may-come-with-a-hefty-price-tag/75-fdb1cc95-de45-4322-8531-a2f7a7d9af4b
Chapters:
0:00 The very latest, Land auction
2:30 The ACTUAL site
3:40 There ARE some issues: money, flooding, infrastrcuture
6:20 Takeaways… and UTAH
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#nhl #arizona #hockey
29 Comments
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Somehow empty desert land outside Phoenix is worth $68.5 Million but Mar-A-Lago is only worth $18 Million.
The Coyotes have tried hard in recent years to build a following in Tucson (where I am). This location sucks for that. The Tempe location was perfect. It's too bad voters are morons.
Just take the Utah deal already
Whose pocket books is it hurting by playing at mullet arena for 5 more years? I can’t imagine how much revenue is lost playing in such a small arena.
They just need to do something in downtown Phoenix next to the existing sports facilities. A centralized location will be better for attendance.
The team that wouldn't die.
Still haven’t seen anybody indicate this on any video regarding the topic: tomorrow is a vote to see IF they will auction it. The auction isn’t even guaranteed. They could vote “no” to an auction and everything would be back at no plan. Yes, they have said they’ve been looking at multiple sites, but we’re not hearing a single word about those.
Great points made. Time for the owner to cut a check and make it happen. That is a booming side of the city so the timeline would work as long as there is no more clandestine bs.
I'm sure you'll mention these points:
– The Arizona Coyotes have lost $115.2 million USD between 2013 and 2022 (according to Forbes Business of Hockey). That is more than any other team in the NHL over that same period. Fact.
– In the past 28 years the Arizona Coyotes are at a NET LOSS. Fact.
– The Coyotes can't stay at the Footprint center because it converted to basketball exclusively. Fact.
– The Arizona Coyotes were also sued by the city of Phoenix twice for interfering with zoning laws in accordance with planned flight paths. Facts.
– The team was sued by city of Glendale for not paying taxes – On December 3 2021, the Arizona Department of Revenue slapped the Arizona Coyotes with a tax lien. Fact.
– The Coyotes were rejected by the cities of Scottsdale (Los Arcos mall site in 1995-1996)
– the Coyotes were rejected by the city of Tempe (May 16 2023). Fact.
Coyotes still have to find a location to build an area. And purchase the land… (they are talking about a parcel of land in Scottsdale, but nothing has happened as of March 13 2024 – and that site is in a BAD location apparently very little hockey fans/money in that area.
My understanding (and this was told to me by Coyotes fans) ONLY the east valley of Phoenix has a lot of hockey fans.
This proposed site (Loop 101 West of Scottsdale Road) is FAR, FAR NORTHEAST…not even close to where people are. It is not even in the East Valley anymore, it is in the North, it is not in a highly populated area. And those were some of the main issues with drawing fans to Glendale (in the West Valley…a lack of fans).
Furthermore, "the 100 acre plot of land currently has no road access to the site…they have not spoken about how they will secure the water rights for the current and future needs of a project of this size"…
To build a brand new arena from scratch, takes on average 3 years of construction (assuming there are NO delays).
It sounds like there has to be a PUBLIC AUCTION FOR THE LAND FOR A MINIMUM OF 10 WEEKS to allow other people a chance to purchase the land. And then the ARENA PLANS have to be approved by the government, they don't just let you build whatever you want.
The auction will START on March 14th 2024….the land must be put up for auction for minimum of 10 weeks…May 23 2024 soonest without delays (HOWEVER they actually announced this week the auction will probably end in June 2024).
The realistic soonest possible date for a new arena construction. would be June 2027. (2027-2028 NHL season – where will the Coyotes play until then? They can't play at Mullet until then.)
Therefore…The Arizona Coyotes are 100% relocating.
Why spend $500 million on another arena, which may or may not work out? That would be crazy. To build this team a new arena would be insane. to pump $500 million into an arena, while an arena in Glendale EXISTS and the team lost $115.2 million in the past ten years – you will NEVER RECOUP YOUR LOSSES IN ARIZONA.
List of NHL sized arenas in cities without NHL teams:
– Videotron Centre – Quebec City, Quebec
– MODA Center – Portland, Oregon
– Fiserv Forum – Milwaukee, Wisconsin
– Delta Center – Salt Lake City, Utah
– Toyota Center – Houston, Texas
– FirstOntario Centre – Hamilton, Ontario (currently renovating)
– Rocket Mortgage FieldHouse – Cleveland, Ohio
– T-Mobile Center (Sprint Center) – Kansas City, Missouri
Every single one of those cities are more deserving of an NHL city than Phoenix (or Atlanta for that matter).
Some of these locations would ACTUALLY generate revenue for the NHL unlike the Arizona Coyotes.
I don’t understand how they can buy this land and not pay their bills in Glendale
Relocate to San Diego, are new arena will be open soon
They're currently expanding the 101 in that area. Maybe it's just coincidence or maybe the city knows that's where the new stadium is going
This is a roll of the proverbial dice for sure because of the mandatory auction. The "flood risk" of that site isn't much of a construction hinderance. In fact, it presents an opportunity of sorts. The arena would not have a 24/7/365 demand for water. I don't know who owns the water rights to that alluvial fan, but my understanding (and I might be wrong, so chime in if I am) excess water from perennial sources can be captured to the best of my knowledge, so building up a catchment area and pumping monsoonal flows into large storage tanks ought to take care of the arena's H2O requirement. A filtration system might be cheaper than Phoenix pulling a main out there. If not, just truck it in. Electrical? Everything is solar out there anyway. With a solar field of even modest size they could put more juice into the grid than they take out, reversing the meter, or they can contract with a third party private source off property. SRC perhaps…That 2017 timeline for an arena build seems a little long. As much as I harp on Arizona governments, one thing I will say about Arizona is that construction is super, super fast there. They can build 350 days a year there, and whenever, once they get it enclosed. They work at night during the hot months, and curing is always fast. Weather delays are rare. Freeways go up in relative minutes compared to California, and time lapse compared to East Coast cities – or even Utah. So unless the arena is beset with design problems and/or a bunch of change orders, it should be a lightning build…I'm sure the environmental mitigation would be accomplished by building a large park somewhere on the tract. Design and build isn't my biggest concern for the Coyotes. It's how state and city govenrments can eff up the process for them. Again…
If Bettman spent 1/4 of his efforts to keep Québec city as he did with Phoenix. They would still be there as fans support was never an issue. 🤷🤷
Realistically are people going to want to drive to the middle of nowhere to see a bad hockey team?
I can’t believe that in the 29 years the Coyotes haven’t really ever had a stable situation when it comes to the Arena or ownership. The simple fact that Bettman is so keen on this failed market shows how much he really hates to make money and wants cement his legacy as the sunbelt commissioner. Tell me why is there not another team in Toronto? NY has 3 teams and LA has 2. Toronto is a bigger Hockey market than both of them combined. There is a new arena in Quebec City sitting there waiting….. why are they bothering with this??? What a joke!!!
My guess is that this is their last chance. This doesn't work, and the team moves to Utah
For what its worth I hope they can somehow circumvent the auction and make a deal for lets say 20 of those acres directly, would be a win for the team and the fans
So, a Salt Lake City firm will buy it so the Coyotes will have to leave.
..so the other teams will still carry the Coyotes for another 5 years? Put it to a vote..move the team..
And knowing the Coyotes, it'll probably be weeks or months of silence, followed by being a huge distraction during the playoffs!
great, just another suburban arena in the land of sprawl. Maybe the Arena can be on a well and septic. And the seasonal flood can wash the waste away.
I'm confused by what you mean Phoenix isn't an option. That site is in Phoenix.
That franchise is a dumpster fire. Should have been relocated years ago.
its a perfect spot to develop and build an arena. theyre building condos on the other side of the road so utilities shouldnt be an issue
Coyotes mights as well just pack up and move to San Diego when their new arena opens in 2028
As a Oakland A's fan 1968. I now live 10 from where the Cotoyes used to play in Glendale. Now this stuff happens, wth
Horse racing is a antiquated sport now how about buying out Turf Paradise and building there!