PHOENIX (AP) — The Arizona Diamondbacks are one small step from securing up to $500 million to help with renovations to the team’s downtown home Chase Field.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 D-backs since 1998 and is owned by the Maricopa County Stadium District.
ARTICLE CONTINUES BELOW
See the full article on Arizona zoning regulations, or, read more Arizona real estate investing news. It’s up to you!