Arizona Coyotes’ Possible Relocation Ignites Enthusiasm and Real Estate Buzz in North Phoenix
The Arizona Coyotes are exploring a potential move that could impact not only the sports scene but also the real estate landscape in north Phoenix. The hockey team, led by CEO Xavier Gutierrez, has submitted an application to purchase approximately 200 acres of state trust land near the Loop 101 and Scottsdale Road.
The initial application, filed by law firm Fennemore Craig in June, hinted at a mixed-use commercial development. However, recent records show a change in the applicant to Miracle Development, LLC, with ties to the Coyotes’ ownership.
The move suggests the team’s continued interest in establishing a new arena in Phoenix, following a failed attempt in Tempe last year. While the specific location is yet to be disclosed, the potential impact on the surrounding real estate market is generating excitement.
For local residents and prospective homebuyers, this development could lead to increased property values and heightened interest in the area. The Coyotes’ potential investment in the community may contribute to enhanced infrastructure, amenities, and overall desirability.
As the application process unfolds, it’s essential for real estate enthusiasts to keep an eye on this dynamic situation. For those considering a move to north Phoenix, Andy Gregg Properties is ready to assist you in finding the perfect home. Stay tuned for updates on this evolving story and explore the opportunities that may arise in the wake of the Coyotes’ potential move.
For more information or assistance in navigating the real estate market, contact Andy Gregg Properties. Your dream home in north Phoenix may be closer than you think!