By Joe McHugh | Glendale Star
Glendale City Council recently approved an ambitious new plan that will put $40 million in renovations toward Desert Diamond Arena.
The deal includes a 20-year lease in which ASM Global will become the full time owner of the arena moving forward.
“It really set up a great relationship because ASM is recognized as an industry leader in two areas, they’re the world’s largest owner of arenas and stadiums in the world and they’re the largest content partner in the world,” Glendale City Manager Kevin Phelps said. “We know that as they take over the running of this arena, that they’re going to be doing everything they can to drive as much content and events into the arena which at the end of the day, all the city wanted was an arena that attracted lots of people to our entertainment district that would then fill up our restaurants and fill up, you know, our and shop in the store.”