URGENT UPDATE: The Arizona Diamondbacks will be staying at Chase Field for the next 30 years following the signing of House Bill 2704 by Governor Katie Hobbs, which allocates $500 million for critical renovations. The bill was signed directly atop the Diamondbacks’ dugout just before the team faced off against the Texas Rangers on Wednesday.
Governor Hobbs emphasized the importance of this investment during the signing ceremony, stating, “Fans have routinely shown up for this city, this state, and it’s time we show up for them.” This announcement signals a significant commitment to the future of the team and the stadium, which has remained largely unchanged since its opening in 1998.
The funding will recapture sales taxes generated from the stadium and surrounding developments over the next three decades, reinvesting them into vital infrastructure upgrades at Chase Field. Derrick Hall, President and CEO of the Diamondbacks, highlighted the necessity of these renovations, particularly the air conditioning system, which is crucial for handling Phoenix’s intense summer heat.
The Arizona House of Representatives approved the funding bill back in June, marking the culmination of over seven years of efforts to secure a long-term solution for the stadium’s upkeep. Hall noted, “We’ve already put over $200 million into this facility and are committed to investing at least another $250 million.”
With this renovation, the Diamondbacks aim to enhance the fan experience and modernize the facility to keep pace with evolving standards in Major League Baseball. The team’s current lease with Maricopa County expires in 2027, making this announcement not just timely but vital for the franchise’s future.
As the renovations unfold, fans and team officials alike are optimistic about the revitalization of Chase Field, a venue that has hosted countless unforgettable moments in baseball history. The Diamondbacks’ commitment to improving the stadium reflects a broader trend of investment in sports infrastructure across the country.
Stay tuned for more updates on this developing story as the Diamondbacks embark on this ambitious renovation journey. This investment in Chase Field is set to reshape the team’s home for generations to come, reinforcing the bond between the franchise and its dedicated fanbase.