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Originally Posted by stamps
I agree , would be nice if this or something similar happened and the new arena was built on the Stampede grounds .... I just think the Flames ownership group is determined not to ... which is really too bad ....
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Based on what?
Again, can someone provide any background on this alleged evil Stampede board meddling?
It just makes no sense. Why the hell wouldn't the Stampede want that draw down to their area 100+ nights a year and that kind of baseload to support further commercial development.
The only reason the current version of CalgaryNEXT is not on Stampede grounds is because it doesn't fit.
Quote:
Originally Posted by krazycanuck
If the Flames are still willing to contribute for the arena, and have their ticket tax that could get done on it's own. Land would still be owned by the Stampede. The Stampede boards benefit would be they get to keep their parking revenue and would have a brand new arena to anchor around their retail and entertainment destination dreams. They could also have an agreement in place like they do currently to allow the Stampede to use the venue during the festival in July.
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Just to clarify, the land upon which the Stampede grounds sits is owned by the city. The Stampede did purchase most (all?) of it over time with their own money, but then they give most/all back of it to the city in return for a small lease (I believe $1/year). This lease is set to expire in 2060 and has a 50 year renewal term.