Craig Morgan is the local Phoenix media guy who has access to Coyotes management and most of their releases, leaks etc. flow through him. He posted this Q&A with the Coyotes CEO.
https://gophnx.com/coyotes-arena-pri...-need-to-know/
What I found interesting was he talks about how signifiant the infrastructure requirements will be and that they will pay for it all themselves. Estimated $3 billion price tag in total. Meruelo also has a $1 billion similar development being touted for Reno.
People can do their own research on Meruelo and evaluate his experience and success rate with projects of this scale.