MESA, Ariz. — Legacy Park in Mesa is expected to remain in operation after a buyer stepped up to purchase the large sports complex after the previous owners filed for Chapter 11 bankruptcy.
Burke Operating Partners have been announced as the new owners of the 320-acre complex after a $25.5 million sale was reached during a recent bankruptcy court hearing. The sale is expected to close by the end of November.
The previous owner filed for bankruptcy earlier this year shortly after Bell Bank pulled out of a partnership with the sports facility.
Burke's purchase agreement is expected to resolve the complex bankruptcy case and lead to new partnerships for the park.
The large park near Ellsworth and Pecos roads opened in early 2022 and has several baseball, football, soccer and lacrosse fields.
In a joint statement, Burke Operating Partners and the park's restructuring officer said the following:
“This purchase ensures that a vibrant and popular sports complex will serve the community for years to come. Millions have enjoyed this facility since its doors opened in January 2022, and now those doors will remain open as a fresh start for this beloved park gets underway.
Indeed, we look forward to capital and operational improvements that will enhance the property’s future while preserving jobs and continuing to bring tremendous benefit to the community."
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