Showing posts with label CalgaryNext. Show all posts
Showing posts with label CalgaryNext. Show all posts

Sunday, 24 April 2016


Flames Arena Project Costs Big – Billions Likely
If you own near Ninth Ave. and 16th St. West, your property value may go up soon. A Calgary city report says a proposal to bring a new NHL and CFL stadium to the city would likely cost much more than originally anticipated.

What Do Taxpayers Get?

The CalgaryNEXT project would span several blocks near the Bow River. It would include a 20,000-seat arena for hockey including an event centre for concerts, a 400-metre indoor track and a regulation CFL field, with seats for 30,000 football fans.
The Mayor is 'Cool'

The report released recently states that a CalgaryNEXT arena-and-stadium project could reach a price tag of $1.8 billion — with $1.3 on taxpayers' shoulders. Is that fair? Everyone is weighing in on the decision. Calgary's Mayor Nenshi is cool about it saying, "It's just an idea."
In a statement, he said that they need to wait for the full report. It will provide council with a better grasp on how to remediate creosote contamination in the West Village area before proceeding with redevelopment. "Public money must be used for public benefit."

The Other Argument
Many people are in favour of the new sports complex arguing that both McMahon Stadium (built 1960's) and the Saddledome (built 1980's) are long past their best-before dates. Many entertainment acts are giving Calgary a pass since they can't fit their tech equipment under the Saddledome's slumping roof.

Calgary Flames President is 'Warm'
Brian Burke, Calgary Flames president of hockey operations likes the project saying, "There's absolutely no reason we should watch a new building going up in Edmonton and we've got to play in a 1988 building here."

What do you think? Is this public money being spent for public benefit? Should the billion-dollar decision be put to the people? Do you want to live near the new stadium? Give Chris a call #403-680-4479
E-mail: chris@yourhomeinalberta.com
Website: http://www.YourHomeInAlberta.com Website: http://www.liveinokotoks.com/