After months of negotiations, city officials and the Phoenix Suns have reached a tentative agreement to build a $60-million, multipurpose downtown arena that could be ready by the 1991-92 NBA season.
Suns President Jerry Colangelo said at a news conference Tuesday night that the City Council will vote on the proposal April 18. “If the vote is positive, we can break ground by December of this year and be in our new arena for the 1991-92 season,” he said.
The Suns have played all of their 21 NBA seasons at the 14,471-seat Arizona Veterans Memorial Coliseum. Colangelo said the new arena, to be built near Symphony Hall and Jefferson Street in downtown Phoenix, will seat 18,500 and have up to 120 luxury skyboxes.