PHOENIX — Phoenix may not be directly involved in the deal that would see Chase Field becoming privately owned, but Mayor Greg Stanton said his city will wind up becoming a major participant at some point.
“Obviously, as part of any agreement, they (the potential buyers) are going to want some development on-site,” he said. “They’re going to have to work with the city of Phoenix though. Inevitably, the city is going to be a major participant in this.”
While Stanton said he wants to wait to give more in-depth comments on the deal until it matures, he said he is anxious to see what Integral Group, the investment firm behind the proposed purchase, has to offer.
“I can’t wait to meet with them,” Stanton said. “I can’t wait to learn what their ideas are. I want Phoenix to be part of the solution so that the Diamondbacks stay in downtown.”
The mayor may get that chance sooner rather than later. A Maricopa County board voted Wednesday to unanimously approve a letter of intent from Integral Group, essentially beginning the sale process.
Stanton said, no matter how talks progress, it’s important the Arizona Diamondbacks continue to play baseball and — hopefully — win more World Series at Chase Field.
“We want as long of a relationship as possible with the Diamondbacks in downtown Phoenix,” he said.
Integral Group said it wants to keep the D-backs playing ball at Chase Field and would complete stadium improvements agreed on by the team within a two-year window.
KTAR’s Kathy Cline contributed to this report.
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