Arizona Legislature Approves Bill For $500 Million in Chase Field Renovations

The Arizona Diamondbacks moved closer to securing up to $500 million to help with renovations to the team’s Chase Field in the middle of the Phoenix downtown district.

The Arizona House of Representatives voted to approve House Bill 2704 by a 35-20 margin on Monday. It would recapture sales taxes from the stadium and other adjacent buildings over the next 30 years and reinvest them into infrastructure at the retractable roof structure, which has been home to the team since 1998 and is owned by the Maricopa County Stadium District.

The only remaining hurdle is for Gov. Katie Hobbs to sign the legislation and she’s been publicly supportive of the bill. The team’s current lease with the county expires in 2027.

The Diamondbacks say they will also contribute $250 million of the team’s money to help fund renovations. Team President Derrick Hall has said the nearly 30-year-old stadium needs upgrades, notably to its air conditioning system.

“We are ecstatic over the legislative approval of HB2704,” Hall said in a statement. “This will be a monumental victory for baseball and Diamondbacks fans when signed by Governor Katie Hobbs. We could then shift our focus to a proper lease extension negotiation with the Maricopa County Board of Supervisors in hopes of modernizing and renovating this public asset to a level those fans deserve.”