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Arizona Coyotes eye north Mesa gravel pit near Loop 202 as future hockey home

The Arizona Coyotes may be closing in on the location for a new hockey arena after the team announced it sent a letter of intent to buy 41 acres of land in Mesa for $47 million.

Two areas in the city have been floated as prime potential locations: the Johnson-Stewart Materials LLC gravel pit along Alma School Road and Loop 202, which recently emerged as a possible leading contender; and the former Fiesta Mall site at Alma School Road and Southern Avenue. The team has said it is exploring options at six East Valley sites.

In a statement issued Wednesday, the hockey franchise wrote, "In addition to this property in Mesa, the club will continue to explore other potential sites in the east Valley.