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Greg Wyshynski, ESPNJun 21, 2024, 07:51 PM ET
CloseGreg Wyshynski is ESPN’s senior NHL writer.
The Arizona State Land Department has cancelled a June 27 land auction that the Arizona Coyotes’ owner was counting on to reactivate his dormant NHL franchise.
In April, the NHL’s board of governors approved the establishment of a franchise in Utah, with Coyotes owner Alex Meruelo transferring his team’s hockey assets — from the roster and draft picks to the hockey operations department — to Smith Entertainment Group while retaining the team’s intellectual property.
As part of the sale, the NHL approved a plan that rendered the Arizona Coyotes franchise inactive, with a right to reactivate if Meruelo has fully constructed “a new, state-of-the-art facility appropriate for an NHL team within five years.”
The Coyotes had targeted a 95-acre parcel of land in north Phoenix as a potential new home for an arena. Earlier this year, the ASLD board of appeals unanimously approved a $68.5 million appraisal of the land and set the auction date.
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The Coyotes released images of what they intended to build on that land should they win the bid, including an arena, a practice facility, a theater and housing units. The Coyotes planned on starting construction in the second quarter of 2025 with an eye towards being ready for an NHL team in 2027.
Multiple sources told ESPN that the auction issue is related to the kind of hockey arena that Meruelo could build on the land.
The Coyotes said the land was already zoned for an indoor hockey arena, which was a relic from a previous attempt to build a youth hockey facility in the area. But that apparently does not cover the construction of a 17,000-seat NHL arena, the capacity of which could grow to 18,500 for other events.
“ASLD recently confirmed that the proposed arena will require a Special Use Permit,” the land department wrote in its letter announcing the cancellation. “As a result, we are requesting that that the applicant…
Source link : https://www.espn.com/nhl/story/_/id/40403806/coyotes-slam-cancellation-june-27-arizona-land-auction
Author : Greg Wyshynski
Publish date : 2024-06-22 01:24:58
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