Highlights
- The Phoenix Suns and Mercury announced a $60 million YMCA to replace the downtown facility that closed after 75 years on 1st Avenue near Polk Street.
- VanTrust Real Estate will develop roughly 60 affordable housing units in three stories above the three-story, 55,000-square-foot center.
- The facility includes one NBA-size court, two high school courts, tutoring, career programs, and a full-service cafe, with a 2029 opening target.
- A groundbreaking ceremony is planned during NBA All-Star Weekend 2027 in Phoenix, which the teams are positioning as the project's community legacy.
<p>Mat Ishbia is putting $60 million behind a new <a href="/entity/downtown/">downtown</a> Phoenix YMCA, weeks after the original facility shuttered following 75 years of operation on 1st Avenue near Polk Street.</p> <p>The three-story, 55,000-square-foot center will include one NBA-size court and two high school-size courts, and is designed to serve as a hub for youth basketball, health and wellness, education, workforce development and food insecurity programs. Planned services include tutoring and internships, on-site counselors and coaches, career development programs, nutrition classes and a full-service cafe, according to the <a href="https://www.azfamily.com/2026/10/19/phoenix-suns-mercury-unveil-60m-plan-bring-ymca-back-downtown/">AZFamily report</a> and confirmed by <a href="https://www.axios.com/local/phoenix/2026/10/19/suns-mercury-new-downtown-phoenix-ymca-60-million">Axios Phoenix</a> and <a href="https://www.azcentral.com/story/sports/nba/suns/2026/10/19/ymca-phoenix-suns-mercury-affordable-housing/92330791007/">AZ Central</a>.</p> <p>VanTrust Real Estate will develop three additional stories above the YMCA footprint, adding approximately 60 units of affordable housing to the project.</p> <p>The Suns and Mercury are framing the development as the community legacy of NBA All-Star 2027, which Phoenix is hosting. The Suns/Mercury Foundation and the Valley of the Sun YMCA plan to hold a groundbreaking ceremony during All-Star Weekend. The facility is scheduled to open in 2029.</p> <p>Valley of the Sun YMCA President and CEO Bryan Madden said the partnership marks a new chapter for the organization, which has nearly 134 years of service history. Ishbia, in a written statement, called the project "an investment in our community and its future."</p> <p>Groundbreaking is expected during All-Star Weekend; opening is targeted for 2029.</p>
Where to find them
- VanTrust · vantrustrealestate.com · Instagram · Facebook · X
Sources
Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.
- AZ Family (3TV/CBS5) retrieved 19/10/2026 23:01
- VanTrust (official site) retrieved 19/10/2026 23:01
Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 19/10/2026 23:01. Every claim traces to a source.
