Venue Detail
Arizona Coyotes
RSV Pro Facilities Report
February, 2016
Arizona Coyotes
9375 E Bell Rd Scottsdale, AZ 85260 Phone: 480-473-5600 Fax: 480-473-5699 URL: www.phoenixcoyotes.com Owner: Andrew Barroway and other investors League: National Hockey League, Western Conference, Pacific
Venue
Gila River Arena, 6520 N 91st Ave, Glendale, AZ Owner: City of Glendale Managed by: Global Spectrum Built: 2003 Capacity: 17,500 Concessionaire: The Levy Restaurants Suite caterer: The Levy Restaurants Soft drink: Pepsi Cola
Ticket prices
Season tickets range from $996 to $6,352 Single tickets range from $43.00 to $376.00
Attendance
2013 average attendance: 13,923 2014 average attendance: 13,345
Suites
Quantity: 88 Term: 3 to 17 years Price: $80,000 to $160,000 Seats: 12 to 18 Includes: Tickets.
Club seats
Quantity: 400 Term: 1 to 1 years Price: $6,000 to $11,000
Financing
Steve Ellman, the team owner and arena developer, will pay the full cost of the arena, buy 220 acres in Glendale as a building site and develop more than 3 million square feet of commercial space on the land. The city will buy the arena for $180 million when it opens, but Ellman must pay for all cost overruns. The city will issue bonds to make the purchase and repay them over 30 years with sales tax and parking revenues. If Ellman does not fully develop commercial space next to the arena as planned, he will be responsible for some arena debt. Ellman will also develop other property in the city on land purchased by the city.
Ellman has agreed to make up the difference if the city does not collect enough money to meet its debt requirements. He would do that with either $2 million in cash or through a $2 ticket surcharge. Tickets will have $2.45 parking surcharge, but there will be no parking charge around the arena and Ellman must build the parking garages. The parking fee increases a nickel a year.
A $1 "base recovery fee" will also be built into the ticket cost with the first $12.5 million going to Ellman. After that, the fee goes to the city. The fee will go to the city after 13 years, even if Ellman has not received his share.
The city of Glendale could earn $600,000 per year in naming rights with the 2014 sale to Gila River.
The Coyotes’ deal with Gila River Casinos includes associated premiere signage on the facility in addition to naming rights, and, in a “separate transaction” additional advertising, marketing and merchandising for Gila River Casinos. Full terms In July, 2013, the Glendale City Council approved the Arizona Coyotes for a 15-year, $225 million-lease agreement, which included the ability to terminate such contracts as Jobing.com’s naming rights.
In 2006, the arena changed its name to Jobing.com.
The arena is designed to compete. The Coyotes left America West Arena over problems with sight lines for hockey. In addition to improving the view, the Coyotes have built an arena that is friendly to concert and show producers with easy access to the building's floor from loading docks and a roof that can hold heavy speaker loads.
For fans, the building will have tower suites, a feature first used at Nationwide Arena in Columbus. The suites will be available for game-day rentals. All suites will be located between the goal lines and not in the end zones. Only about 400 club seats were installed.
For season ticket holders, the arena will have an Ice Lounge on the lower level behind the player boxes. The lounge will have glass walls that allow fans to see the players go from their locker rooms to the ice. Press interviews of players will take place in the lounge. The building will also have three outdoor lounges to serve groups and suite holders. (Facilities, Ice Hockey, NHL, Professional Sports, Venue)