Quote:
Originally Posted by shutout
For the owners a new building is a clear win from a business advantage.
Especially if you build an entertainment district in the area as well.
Have a new arena and a new stadium that are in the same west village location.
Both venues are equally situated to the train, transit, and parkades that will go in to handle parking.
But the crown jewel would be having an entertainment district with a dozen different bars and restaurants that would handle all of the pregame and post game requirements of the fans. And would be trendy and convenient enough for people to go to on weekends and after work even when there is no games going on. That is before you even factor in the potential to build in convention space in the area as well.
Public money for the project will be for more than a new hockey arena. It will be for developing a whole area that will generate jobs and taxes.
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But it just doesn't really end up being a boon for the public. Like someone earlier said, it doesn't give people new money to spend, they just spend it in a different area of the city.
The "entertainment district" reasoning has been used before, but I just don't seeing them creating a new mini-17th that has any sort of health outside of gamedays.
The Arena is for the Flames to maximize profits, lets be honest about it. They're going to want our money to do it.