From the Calgary Herald:
The Calgary Flames’ vision for its new arena project is a blockbuster that would take up several blocks’ worth of prime land west of downtown — bringing together a new hockey arena plus a football stadium and an amateur sports fieldhouse, the Herald has learned.
It’s a megaproject that could easily cost more than half a billion dollars, and features a component more likely to draw in civic funding support than if it were merely new stand-alone homes for the Flames and Stampeders.
The Flames own the Stampeders (CFL), so they’re in a good position to propose this multi-facility plan.
Of course, the big question remains: who will pay for it all? The Flames will be counting on “some sort of public-private” partnership to make it work.
As the Herald notes, “By bundling in a fieldhouse designed for track meets, indoor soccer and other amateur sports, Flames CEO Ken King is proposing to build something on the top of the city’s own project wish list, and potentially gives the proposal the sort of public benefit that Mayor Naheed Nenshi has said is essential if city hall is to become a project partner.”
No word yet what the mayor thinks of the plan.