TEMPE – The Arizona Coyotes announced they have finalized plans for a new 16,000-plus seat arena in Tempe after years of looking for a new home. The Coyotes entered into an exclusive negotiation agreement with Catellus Development Corporation, master developer for the Arizona State University Athletic Facilities District, to work toward the finalization of a new arena and 58-acre commercial development project located along Tempe Town Lake.
The Coyotes will continue playing at Gila River Arena through the 2019. In 2015, the Glendale City Council voided a 15-year agreement with the Coyotes, who later signed to continue playing at Gila River Arena while exploring options for a new arena in the metro Phoenix area.
The new arena is expected to be ready for the start of the 2019-20 NHL season and will be part of a development that will include a 4,000-seat multi-sport arena complex that will be home to the Arizona State hockey team, as well as serving as a practice facility for the Coyotes and youth hockey programs.
“We are thrilled to partner with Catellus on this tremendous project that will include our future new home in the East Valley,” Coyotes majority owner, chairman and governor Andrew Barroway said in a statement. “The Coyotes are committed to Arizona, and we are extremely excited about our bright future.”
The agreement provides for a period ending no later than June 30, 2017, to create the overall budget, design and operational plan for the development. The Coyotes said they will now focus on finalizing a partnership with other public sector constituents, including the state and the city of Tempe.
“Over the past year we have been exhaustive in our research regarding the most optimal location for our new home in the Valley,” Coyotes president and CEO Anthony LeBlanc said. “While we have tremendous fans all across the greater Phoenix metro area, not to mention the entire state, it became clear that the East Valley is home to a majority of our fans and corporate partners. Our fans in the West Valley have shown us tremendous support over the past 13 years, and we look forward to working with them as we transition to our new home in the future.”