Harsh words exchanged between ASU, developer over USA center deal

Rendering USA Basketball Center
Rendering USA Basketball Center

By Ray Stern | Phoenix New Times

Arizona State University released a harsh statement on Friday night about the end of negotiations with USA Place, essentially accusing developers of lying.

As we reported on Thursday, plans collapsed for the $350-million-plus downtown project that would have brought a hotel, conference center and the Colorado-based USA Basketball organization to Tempe. The project was announced to great fanfare in July of 2013, promoted by sports mogul Jerry Colangelo, chair of USA Basketball.

ASU confirmed the split in a lengthy, interesting statement that reveals the frustration felt by university officials about alleged broken promises.

“Arizona State University has been more than generous in granting multiple extensions to deadlines to USA Place in its efforts to secure this ambitious project.

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