Arizona Coyotes Confirm Land Deal for Potential Mesa Arena in Process

Article originally posted on Phoenix Business Journal on August 9, 2023

The Arizona Coyotes confirmed Wednesday morning that the team’s owner Alex Meruelo has executed a letter of intent to purchase a parcel of land in Mesa as a potential arena site.

While the Coyotes’ confirmation statement did not include many details, Arizona Sports’ John Gambadoro reported Tuesday that the Valley’s National Hockey League franchise was attempting to buy 41 acres. Gambadoro’s report also said the Coyotes’ target date for a new arena is the start of the 2026-2027 season.

A source familiar to the Coyotes’ real estate moves confirmed to the Business Journal that the site in question is in northwest Mesa in the vicinity of Alma School Road and Loop 202.

While the team’s ownership has signed a letter of intent for this property in Mesa, it is not necessarily where the arena will be built. The team plans on going under contract to acquire land for multiple possible locations in the coming months and then moving forward with the property that can get the arena construction done in the timeline most suitable for the Coyotes, the source said.

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Xavier Gutierrez, the president and CEO of the Arizona Coyotes, talks to reporters ahead of the 2023 NHL Draft in Nashville on June 28, 2023.