The city of Peoria, Ariz., announced Monday a new long-term lease agreement with the San Diego Padres keeping the Peoria Sports Complex as the teams’ spring training and player development home up to 2034.
The stadium is also the spring training home of the Seattle Mariners.
“Coming to an agreement with the two teams was a top priority for the city,” said city of Peoria Mayor, Bob Barrett. “The Mariners and Padres are a big part of Peoria’s history, and I am proud that we were able to keep the two teams in a sustainable and fiscally responsible manner which benefits everyone.”
The Peoria Sports Complex, built in 1994, was the first dual team spring training facility in the Cactus League. The San Diego Padres and Seattle Mariners utilize the complex year-round for spring training and player development.
The term of the agreement between the city and the teams is for 20 years. As part of the agreement, the city will invest $48 million over the life of the contract, which includes an initial investment of $15 million each for improvements in the Mariners and Padres clubhouses ($30 million total) and $6 million in stadium improvements. Construction of clubhouses is expected to be completed by spring of 2014.