November 14, 2024 7:42 pm
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Phoenix Suns spend millions to buy land for practice facility

Disclosure: Rose Law Group represents the Phoenix Suns

By Brandon Brown | Phoenix Business Journal

The Phoenix Suns – under the name Suns Legacy Properties LLC – have purchased 2.4 acres of an office development in Phoenix’s Arcadia neighborhood on which to build the team’s new practice facility.

In May, the Suns revealed they would build the a $25 million to $50 million practice facility at 44th Street and Camelback Road, but on July 26 the team closed on the land for $10,372,100, according to Maricopa County records.

The Suns purchased the land from Phoenix-based Red Development. The developer recently submitted plans to the city of Phoenix for the mixed-use project that will include the Suns practice facility.

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