USA Basketball today officially announced that it has agreed to relocate to Tempe, Arizona, as part of a $350 million development project. USA Place, LLC, has been selected to develop a new national headquarters and training center for USA Basketball on a 10.5-acre site located next to Arizona State University’s Tempe campus on land owned by ASU at the southeast corner of Mill Avenue and University Drive.

In addition to the USA Basketball headquarters and training center, USA Place will also include a 4,500-seat event center, as well as a 330-room Omni Hotel and 30,000-square-foot conference center, 500 luxury apartments, 160,000 square feet of retail and up to 200,000 square feet of office space, including the new home for Arizona Interscholastic Association events.

USA Basketball’s Board of Directors approved the relocate at a Board meeting on July 25.The $350 million mixed-use commercial development plan is subject to Tempe City Council and Arizona Board of Regents final approval of development agreements.

“This is an exciting and an incredible opportunity that offers nothing but positives for USA Basketball,” said USA Basketball chairman Jerry Colangelo. “USA Place will offer USA Basketball an excellent site for the development of its office headquarters, a training center and event center that will provide the organization with a first-class site for hosting junior level events and will allow USA Basketball to continue to evolve.

“The new USA Basketball headquarters and training center will be first-class, state of art facilities, something I know we will be very proud of.”