After months of anticipation, the Arizona Board of Regents has given its approval to the construction of a $115 million multipurpose arena that will belong to Arizona State University.
The approval follows on the heels of an ok from the Regent’s Finance, Capital and Resources Committee earlier this month.
Earlier estimated to be a $120 million project, the arena will have a capacity of 5,000 seats and will serve as the home to the Sun Devils hockey team. The building of hardwood flooring in the arena will also allow for the facility to be also used for wrestling, volleyball, and gymnastics.
The 180,000 square foot arena will go up on the school’s Tempe campus, off of South Packard Drive and just to the east of the existing 14,000-seat Desert Financial Arena.
Additionally included in the project: event-level premium club seats, two group suites, and nearly two dozen private suites.
ASU has been contemplating construction of a new arena for several years, with design proposals on the project reviewed in the spring of 2019.
If all goes according to plan, work on the big facility should launch early next year, with a completion date of late 2022.
Until then, the Sun Devils will continue to play in the nearby Oceanside Ice Arena.
By Garry Boulard
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