Tempe Voters Reject Coyotes' Arena Proposal
Voters in Tempe reject a $2.1 billion development proposal that would have included a new arena for the Arizona Coyotes.
The Coyotes have been exploring options to replace their current arena, Gila River Arena, for several years. The team had hoped to build a new arena in Tempe as part of a larger development project that would have included retail, restaurants and housing.
The vote was a major setback for the Coyotes, who have been trying to find a new home for several years. The team's current lease at Gila River Arena expires in 2022, and the team has been exploring options to replace it since 2016.
The Coyotes had hoped to build a new arena in Tempe as part of a larger development project that would have included retail, restaurants and housing. The project was estimated to cost $2.1 billion, and the Coyotes were hoping to secure public funding for the project.
The vote was a major setback for the Coyotes, who have been trying to find a new home for several years. The team's current lease at Gila River Arena expires in 2022, and the team has been exploring options to replace it since 2016.
The Coyotes are now faced with the prospect of having to find a new home by 2022. The team has said that it is committed to staying in Arizona, but it is unclear where the team will play if a new arena is not built.
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