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Diamondbacks to Stay in Phoenix
The $750 million project includes $500 million from state sales tax revenue and $250 million from the Diamondbacks to upgrade Chase Field's aging infrastructure and improve fan comfort.
- On Wednesday, Gov. Katie Hobbs signed House Bill 2704 at Chase Field, allocating $500 million in sales-tax funding and securing the Arizona Diamondbacks' home for 30 years.
- The aging Chase Field needs major infrastructure work, including HVAC and retractable roof repairs, as the original HVAC unit has struggled in recent years.
- Lawmakers structured the funding by recapturing stadium-related taxes, with HB 2704 redirecting 82% of Arizona Diamondbacks' state income taxes and a half-cent transportation tax to the District Fund, which must fund only Chase Field renovations; the Arizona Diamondbacks pledged $250 million and may contribute more.
- On Thursday, the club meets its stadium consultant Jones Lang LaSalle to begin planning and hire architects, with Hall hoping most renovations occur in five to six years and the roof fixed this offseason.
- The legislation followed months of negotiation after its January introduction, culminating in a 35-20 Arizona House of Representatives vote, with Chase Field generating $5.4 billion for Arizona's economy.
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13 Articles
13 Articles
Chase Field to remain Diamondbacks home after Gov. Katie Hobbs signs HB 2704
Gov. Katie Hobbs signs HB 2704, which keeps the Diamondbacks in Phoenix for the next 30 years and generates funds for renovations to Chase Field. The bill allows the Diamondbacks to get up to $500 million to use for renovations.
Coverage Details
Total News Sources13
Leaning Left7Leaning Right0Center4Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
64% Left
L 64%
C 36%
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