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Originally Posted by bubbsy
have been extremely busy so have not read all the details, so excuse dumb questions...
1) How does the funding model for this compare to the oilers new building?
2) Why does this have to tie into both a hockey arena and football field in-one ?
I actually don't like the design all that much. Furthermore, why is the city's pro sports arena(s) going to also be used for day to day amateur sports?
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This is almost identical to the Edmonton funding model and proposal.
Daryl Katz utilized both a ticket tax and a levy. Daryl also pitched the idea of rejuvenating an ugly downtown area, just like King has done with the West Village.
The reason why Katz was not able to secure provincial or federal funds was that there was no benefit to the province or country. Where King will differ is that Calgary has an environmental detriment to the province and country that needs to be addressed, hence should be able to secure funding to remediation and mutual protective structure.
Katz provided money towards the surrounding development of the arena (ie, condos, commercial towers), whereas King proposed no such immediate development. Katz also owns the ice district, whereas the CS&E do not. The Ice District also needed a lot of LRT built to support it, whereas Calgary Next doesn't (I don't think).
We'll see how the CS&E ownership behave during the negotiations, in comparison to the Oilers.