USA Basketball plans to relocate to Tempe
by Jeff Metcalfe and Anne Ryman, USA TODAY Sports
USA Basketball, the national governing body responsible for choosing the U.S. Olympic teams, plans to relocate to Tempe as part of an Arizona State development project, multiple sources told azcentral sports.
Currently located in Colorado Springs, Colo., USA Basketball is expected to announce its plan soon to be part of a 10-acre project adjacent to the ASU campus, sources said.
This is the second time that USA Basketball, whose chairman/president is former Suns chairman/CEO Jerry Colangelo, has chosen to relocate to the Valley. A plan to move to Glendale in 2008, with a private developer building a $53.8 million training campus as part of a larger development near Camelback Ranch, fell through because the developer could not complete financing during the economic downturn.
As part of a partnership with the city of Tempe, ASU’s plan is to build a hotel and conference center and other development on university-owned land at the southeast corner of Mill Avenue and University Drive. This project is separate from ASU’s planned athletic facilities district.
On Thursday the university will ask the Arizona Board of Regents for approval to enter into a lease-option agreement with a private corporation, USA Place LLC. Plans call for a four-star hotel with at least 300 guest rooms and a minimum of 30,000 square feet of conference facilities. The hotel and conference center would be constructed no later than the end of 2015, according to regents documents. The land lease would stretch from 65 to 99 years.
The timetable for relocation of USA Basketball is unclear. The senior national teams could continue to train elsewhere. The men’s team trained in Las Vegas before the 2012 London Olympics.
ASU has owned the land, where a Chili’s restaurant and parking lots now stand, for a number of years.
USA Place LLC is a domestic corporation, according to the Arizona Corporation Commission. Susan Eastridge of Scottsdale is the contact. Eastridge is one of the founders of Concord Eastridge, Inc., a company that develops facilities for corporations, educational entities and government agencies. Eastridge was not immediately available for comment. The company was the master developer for the Mason Inn Conference Center … [For more on USA Basketball plans to relocate to Tempe, click here.]