US Airways Center: renovations or find new arena?

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PHOENIX (3TV/CBS 5) -

There's talk again about the Phoenix Suns moving to a new arena, and a lot of it has to do with how old the US Airways Center is.

The US Airways Center - which is being renamed Talking Stick Resort Arena - is 23 years old. And in arena terms, that's old, although not the oldest basketball arena in the NBA.

The Oracle Arena in Oakland, California is the oldest. That's where the Golden State Warriors play.

Each year, the topic of a new arena surfaces here in Phoenix. But so far nothing has moved forward.

The latest talks involve either making major renovations to the US Airways Center or finding a new arena altogether.

One possible arena location could be the south building of the Phoenix Convention Center near Third and Jefferson streets.

It's the oldest convention center building, and is about a block away from the US Airways Center.

The Phoenix Convention Center's South Building was built in 1985 and totals 143,500 square feet of exhibit space. The entire complex went through a $600 million renovation in 2009. The South Building underwent renovations in 2008.

There are parking and vacant lots and warehouse buildings near US Airways Center the Suns might also look at for a new downtown arena. But that plan could run into opposition from Warehouse District developers.

US Airways Center is owned by the city of Phoenix and the Suns' lease doesn't expire until 2029, according to city spokeswoman Deb Ostreicher.

While the options are open, as of right now the Suns have made no public decision as to what they might do.

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