PHOENIX (AP) -
Arizona State University has accepted a $2 million cash bid for the Sundome performing-arts center in Sun City West that has sat vacant since 2009.
The potential buyer is Scottsdale-based Brown Grace 6 Investments, which plans to demolish the theater and replace it with a shopping center.
Del Webb gave the 7,000-seat Sundome to ASU for $1 in 1984 and the university tried to sell it 20 years later. Maricopa County tried to run it starting in 2005, but gave it back to ASU in 2009.
The Arizona Republic says the cost of demolishing the Sundome and preparing the land for redevelopment is estimated to be around $2.6 million, for an adjusted "as is" land value of about $1.9 million.
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