The Arizona Coyotes announced plans on Monday morning for a new arena to be built in Tempe.
According to a press release, the Coyotes new home will be a 16,000 plus-seat arena to be built along Tempe Town Lake on the northwest corner of east Rio Salado Parkway and South McClintock Drive. The complex would also include an additional 4,000 seat multi-sport arena that will serve Arizona State University Athletics in addition to being utilized for Coyotes practices and youth events. The release mentioned the process would have two phases concluding with hotels and amenities being built around the new arena.
"Over the past year we have been exhaustive in our research regarding the most optimal location for our new home in the Valley," said Coyotes President and CEO Anthony LeBlanc in the release. "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."
It was also stated that the Coyotes entered an exclusive negotiation agreement with Catellus Development Corporation for the project who is the master developer for Arizona State University’s Athletic Facilities District. The release said plans for an overall budget, design and operation plan for the development must be completed by June 30, 2017.
The Coyotes have played at their current home, Gila River Arena, since 2003.