Coyotes $2.1 Billion Stadium District Voter Referendum Includes Public Tax Abatements, Infrastructure Costs

 Tempe’s City Council unanimously voted to bring a new $2.1 billion Arizona Coyotes arena and entertainment district to a May 16 voter referendum.

While $1.9 billion of the project is said to be privately funded by the Coyotes’ ownership group, the city has agreed to pay as much as $229 million for infrastructure at the site along with agreeing to a 30-year abatement of property taxes on the arena, music venue and Coyotes practice facility along with an eight-year abatement for the district’s hotels, residential units, retail and office spaces.

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Arizona City to Consider Renaming Some Parks, Streets to Address Historic Ties to KKK

Officials with the city of Tempe will consider changing the name of several city parks and streets named for individuals associated with the Ku Klux Klan.

According to research from Tempe History Museum staff and records from the Arizona Historical Society and Phoenix Public Library, multiple locations in the city are named after members who belonged to the hate group. 

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Phoenix Ranked 40th Best Place to Live of 150 Biggest Metropolitan Areas

U.S. News & World Report issued its list this week of the annual best places to live, and Phoenix came in at No. 40 of the 150 most populous metro areas. The city jumped up 13 places from last year. The report emphasized Phoenix’s relatively low cost of living, warm weather, and thriving job market. The rankings are based on quality of life, job market, value of living, and desire of people to live there. 

Phoenix may have scored well this year due to a stable economy. Devon Thorsby, real estate editor at U.S. News, said in a news release, “It shouldn’t be a surprise that many metro areas that saw unemployment levels skyrocket in 2020 fell in the rankings, but those with greater employment stability tended to fare well.”

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