Phoenix, Tempe deal could bring apartments to land once sought for Coyotes arena

Article originally posted on Phoenix Business Journal on December 6, 2024

Coyotes Tempe Rendering 2022 1

Phoenix and Tempe city councils have both unanimously approved measures that clear a path for apartments to potentially be built on a 46-acre piece of land in Tempe once considered for an arena for the Arizona Coyotes hockey team.

During a Dec. 4 meeting, Phoenix City Council approved an amendment to an intergovernmental agreement between the two cities regarding noise mitigations and flight procedures. Tempe City Council had already approved the measure at a Nov. 21 meeting.

Going back to 2022, the two cities were at odds over the Coyotes’ proposed mixed-use development, which would have been anchored by a 16,000-seat arena to be used by the now-defunct NHL franchise. The proposed development also included 1,600 luxury apartments.

Find Complete Article Here: https://www.bizjournals.com/phoenix/news/2024/12/05/phoenix-tempe-flight-path-multifamily-deal.html

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