Talking Stick Resort Arena to get $230mn for facelift



Linkedin Twitter

Talking Stick Resort Arena Image: Talking Stick Resort Arena

The Phoenix City Council has approved $230 million for the renovation of Talking Stick Resort Arena – home of the Phoenix Suns, Phoenix Mercury, Arizona Rattlers and numerous concerts and other live events, according to media reports.

The arena will undergo renovations between 2019 and 2021. The City of Phoenix will contribute $150 million toward the renovation, and the Suns will contribute $80 million, abc15.com reported.

The measure was approved by a 6-2 margin in a scheduled meeting of the council on January 23. The city will fund its portion of the renovations through its Sports Facilities Fund, generated by existing tourism-related excise taxes – specifically, a 1 percent hotel tax and a 2 percent rental car tax. Any spending beyond $230 million will be funded by the Suns, the report stated.

Renovations will include repair and replacement of mechanical, electrical and plumbing infrastructure for the arena, which the Suns have called home since the 1992-93 NBA season.

As per the agreement, the Suns will build an off-site practice facility in Phoenix, at an estimated cost of $25-$50 million, in order to free up space at Talking Stick Resort Arena. The Suns will be required to pay for that facility.

The Phoenix City Council was originally scheduled to vote on the renovation project on December 12, but the vote was pushed back amid growing concern about the cost and sources of funding for those renovations. The city held a series of open forums in the last month to allow citizens to discuss the project before it was put to a vote.

Continue to follow Coliseum for latest updates on stadium business news. Coliseum is dedicated towards building the best global community of sports venue executives and professionals.

Watch 150 member-exclusive videos with valuable tips for your venue



« Previous News:
» Next News:


More News

NFL Play-offs 2021 with fans

Fans ‘energize’ stadia in NFL matchups

Published: January 22, 2021

It was a total adrenaline rush scene as die-hard fans descended on the Lambeau Field (US) ground on... » Read more

India Odisha new field hockey stadium

Futuristic field hockey venue in India

Published: January 22, 2021

A futuristic 20,000-capacity hockey facility – intended to become the world’s leading... » Read more

Italy Florence stadium update Jan 2020

Florence Mayor firm on Franchi revamp

Published: January 22, 2021

First it was – the Italian professional football club ACF Fiorentina declaring that ‘it’s... » Read more

Aarau new stadium

FC Aarau venue plans get stuck in red tape

Published: January 22, 2021

The Swiss football club FC Aarau have been waiting for a new dig since 1994 (!). However, it seems... » Read more


Receive global sports venue NEWS twice a week in your inbox