Auction Cancellation Alters Arizona Coyotes’ Arena Plans
In a surprising development, the Arizona State Land Department has canceled the land auction where the Arizona Coyotes aimed to bid for a new arena site. This decision significantly hampers owner Alex Meruelo’s quest to reestablish the NHL franchise in Arizona. The cancellation comes after the discovery that a Special Use Permit is necessary for the proposed arena.
The delay in the auction means that Meruelo must now obtain this permit before resuming his bidding efforts. In response, the Arizona State Land Department emphasized that obtaining the permit first ensures the land’s intended development can proceed without hurdles. While this setback is disappointing, it offers the Coyotes an opportunity to stabilize their plans. Miracles Development, LLC, the Coyotes’ designated developer, remains the sole registered bidder for the land parcel.
Coyotes’ Ambitious Development Plans in Jeopardy
The auction’s cancellation puts a damper on the Coyotes’ hopeful announcement, where Alex Meruelo had envisioned a landmark development. The project included a 17,000-seat arena, an extensive practice facility, and a multi-purpose plaza, among other amenities. Meruelo had declared his family’s commitment to funding the $100 million project without burdening taxpayers, aiming for a community-enhancing space that would also support local education.
Next Steps for the Coyotes and Arizona’s Sports Landscape
After selling team operations to Utah Jazz owners, Meruelo’s plans faced further complexity, now compounded by the auction delay. His vision for a new entertainment district in Arizona remains, but immediate priorities involve securing the Special Use Permit and reassessing the timeline for the project. Even with this setback, the Coyotes’ fans and Arizona sports enthusiasts remain hopeful for a future venue that promises a new era for the team and its supporters.
