Maricopa County VOTES to SELL Chase Field - D-Backs Home for Sale
Maricopa County has voted in favor of Selling the Arizona Diamondbacks Stadium, currenlty know as Chase Field, but us, who have been in the valley since the Diamondbacks organizations inception, know it as BOB (Bank One Ballpark). The main concern is what will happen with the money that is already "allocated" to the staduim. They made it a point to note, it is only 18 years old, but rumor has it, Maricopa Country, agreed when it was orignally built, to fund all the necessary maintence and repairs that the stadium needs to go through on an annual basis. County members, who voted to agree to the sale, leaves it up to the team and the potential buyer(s) of the stadium.
They need to come up with a capital plan, and The Diamondbacks have an idea of the enhancements that are needed to the building moving forward. For more information, I am sure the Diamondbacks Website will post updates. The county specifically stated they won't to remove the liability from the Tax Payer(s). Questions were posed during the press confernece about the the potential investors, the Chariman of Fannnie Mae has expreseed interest. The price tag is $60,000,000 (Sixty Million Dollars). DBacks.com
Chris Dunham
"The Real Estate Guy!"®
602-321-6188
Chris@RLS8GUY.com
Keller Williams East Valley - LuxRE Group
The Real Estate Guy®
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