Quote:
Originally Posted by Bunk
My prediction re: funding proposal:
$200m cash from owners for arena
$200m ticket tax over a period of time (backdropped by owners, not City)
$200m from City for Fieldhouse/Stadium (instead of $200m City has for Foothills Fieldhouse in its capital plan - note it is unfunded still)
$100m cash from owners for Fieldhouse/Stadium
$200m borrowed through CRL (like East Village) for remediation and infrastructure
$100m from Province and/or Feds for environmental remediation and infrastructure (helping facilitate but not paying for arena/stadium for things needed anyway regardless of those facilities)
Land given by City for "free"
Boom $1 billion give or take.
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Yeah, that's about what I expect. Although, I've heard the environmental cleanup could reach $300 million, but I don't know the validity of that source.
Quote:
Originally Posted by sureLoss
Roger Millions @RogMillions
A source has suggested to me "CalgaryNext" if and when "vision" goes ahead could take up to 8 years to totally be completed. We will see
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At a STH session a year and a half ago, I asked King about the timeline, and he said that if they announced it tomorrow (that being a year and a half ago), it would still be five years before they were playing in the new building.
I assume this will be built in phases with the arena opening first and the other stuff following later, 8 years to full completion wouldn't surprise me.
I'm interested in seeing what the "Live" and "Work" aspects of Live|Work|Play will look like. Something similar to Maple Leaf Square in Toronto would be pretty cool.