Arizona Coyotes owner Alex Meruelo has put in a letter of intent to purchase 41 acres in Mesa for the team’s new arena, per Arizona Sports’ John Gambadoro. This would begin a process to develop the first privately funded sports and entertainment district in the state.
Meruelo is still looking into other possible sites, with areas in the East Valley, including Mesa, Phoenix and Scottsdale, according to Gambadoro.
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