The mayor of Phoenix is giving a speech today calling for the construction of a new downtown arena to house both the Arizona Coyotes and Phoenix Suns. Greg Stanton’s prepared remarks were obtained by the Arizona Republic.
Stanton’s proposal would not require new taxes:
No taxes be raised to support its construction. Phoenix has a permanent tourism tax on hotel and motel stays and car rentals, which was created to fund construction of then-America West Arena. The city could potentially use revenue from that tax to help construct an arena. …
But the mayor’s aspirations for an arena deal could face significant hurdles. It’s unclear where the Suns stand on the idea of sharing an arena with the hockey team, and the concept of another arena in the Valley is likely to draw strong opposition from groups opposed to taxpayer subsidies for major-league sports.
The Suns can’t be out of their current home until 2022. The Coyotes are looking more urgently to move out of Gila River Arena in Glendale. Potential locations include downtown Phoenix and Arizona State University’s property in Tempe.