• Loading stock data...
Tuesday, March 10, 2026

Phoenix Suns, Mercury Invest $100M In New Downtown Headquarters

  • Mat Ishbia is investing in a new shared business headquarters and a practice facility for the Mercury.
  • “It was a huge priority when I bought the team,” Ishbia told FOS. “We want to be the best franchise [to work at] in all of sports.
A rendering of the Phoenix Suns and Mercury's new shared business headquarters and Mercury practice facility.
Phoenix Suns and Mercury

The new Phoenix Suns and Mercury owners are investing in their teams’ futures on and off the court.

On Thursday, the Suns and Mercury announced it would be spending over $100 million to build a new business headquarters and practice facility for the Mercury located in downtown Phoenix’s Warehouse District.

“It was a huge priority when I bought the team,” Suns and Mercury owner Mat Ishbia told Front Office Sports of the decision to undertake the project. “We want to be the best franchise [to work at] in all of sports, and investing like this is not only saying it, but actually puts our money, our focus, and our efforts behind it.”

The organization has yet to say when it plans to open the new complex.

At 123,000 square feet, the organization says that the new campus will be one of the largest developments in professional sports. The business headquarters will occupy 65,000 square feet of that space, while the Mercury’s new facility will take up 58,000 square feet.

The practice building will cater to the team’s needs, featuring 24/7 access to two dedicated basketball courts with 10 baskets, fitness and functional movement rooms with hot and cold pools, underwater treadmills, a player and family lounge, a film room, and a large locker room. The facility will also have a kitchen outfitted with a private chef.

The Mercury currently share practice facilities with the Suns, but this new development would make it the third WNBA team to open a dedicated facility for itself.

The Las Vegas Aces opened their state-of-the-art facility in May, and the Seattle Storm are building one worth $64 million. Meanwhile, Chicago Sky star Kahleah Copper told FOS in July that she is still waiting for her team to take action in that area.

For Ishbia and the rest of Phoenix’s leadership, building the new business headquarters is about distancing the organization from former owner Robert Sarver and former president and CEO Jason Rowley, who reportedly created a toxic working environment — ultimately opening the door for Ishbia to buy the teams for $4 billion in December.

“From day one, we’ve talked about reshaping and resetting our culture,” Suns and Mercury CEO Josh Bartelstein told Front Office Sports. “You can talk about it all you want, but it’s in how we treat people, it’s in caring more, it’s in putting people first. And when you do things like this, it just amplifies everything.”

The organization’s new business headquarters will feature indoor and outdoor basketball courts, an indoor arcade, a pickleball court, a putting green, a workout facility, and a kitchen with beverages and snacks. It will move its operations out of Footprint Center, where it currently resides.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Adam Silver Steps In and Cancels Hawks’ Magic City Promotion

“Magic City Monday” was scheduled for March 16.
Oct 26, 2024; Charlotte, North Carolina, USA; Miami Heat guard Terry Rozier (2) drives the baseline against the Charlotte Hornets during the first quarter at Spectrum Center. Mandatory Credit: Nell Redmond-Imagn Images

Hornets Send Heat Second-Round Pick to Settle Rozier Issue

Rozier hasn’t played since his October arrest.

Sun Belt’s Stepladder Format Is Producing Some March Chaos

The Sun Belt conference school has a chance at history Monday night.

Caitlin Clark, Breanna Stewart Push for Marathon CBA Session

The WNBA stars want to “iron it out” and “get it done.”

Featured Today

Alex Eala Has Become One of the Biggest Draws in Tennis

Eala will face Coco Gauff in the third round at Indian Wells.
Jun 9, 2021; Paris, France; The racket of Coco Gauff (USA) after she smashed it during her match against Barbora Krejcikova (CZE) on day 11 of the French Open at Stade Roland Garros
March 6, 2026

The ‘Rage Room’ Is the Hottest Place in Tennis

The idea came from a player podcast.
March 5, 2026

Mark DeRosa Is Still Baseball’s Swiss Army Knife

DeRosa is the sport’s utility player both on the field and off.
Nicole Silveira
March 3, 2026

The Tattoo Marking Membership in the Most Exclusive Club in Sports

For athletes, the Olympic rings tattoo is “about everything it took.”
Aug 25, 2025; Cleveland, Ohio, USA; A general view of Progressive Field in the seventh inning of a game between the Cleveland Guardians and the Tampa Bay Rays.

Ohio Pro Teams Jockey for $400M in Stadium Funds

Nearly every Ohio pro team has applied for public aid for venue renovations.
February 26, 2026

Indiana Approves Bears Stadium Plan, Turns Up Heat on Illinois

Indiana Gov. Mike Braun signs a stadium development framework.
Brandon Johnson
March 3, 2026

Chicago Makes Last-Ditch Push to Keep Bears

Political division remains in Illinois as stadium deliberations continue. 
Sponsored

From USWNT Star to NWSL Franchise Founder

Leslie Osborne, former USWNT midfielder, shares how athletes are moving from the pitch to the ownership table.
February 25, 2026

Jaguars Adjust Their London Plans for $1.4B Stadium Overhaul

The NFL franchise is undergoing a $1.4 billion stadium renovation in Jacksonville.
February 24, 2026

Bears Stadium Fight Escalates As Illinois and Indiana Make Moves

The Indiana House overwhelmingly passes a stadium funding bill.
Ryan Field
February 17, 2026

What’s Behind Northwestern’s Midseason Opening of Ryan Field

The Wildcats will play their first game at Ryan Field on Oct. 2.
February 17, 2026

Royals Near Ballpark Decision As Owner Warns ‘Time Not Our Friend’

The MLB club draws closer to a long-awaited ballpark decision.