Quote:
Originally Posted by You Need a Thneed
You can read all of the city's reports in the City Council agenda for next Monday's meeting.
A few tidbits I've seen so far:
- The CRL is not capable of providing enough money to fund this project.
- Remediation of the site alone expected to take 6-10 years. "There is no potential for construction of a CalgaryNEXT facility to begin on the west village site before 2022 and possibly as late as 2026."
- CIty estimates $166 million in transportation infrastructure would be required. $56 million for utility infrastructure. $105 million for additional community revitalization work. $85-140 million for environmental remediation. Additional land purchase (by city) would be $80 million. $371- $390 million in financing charges.
- CSEC's proposal stated that both sides of the facility would not be used at the same time (wouldn't have full feildhouse and arena at the same time) - this causes infrastructure issues
- Appears to be some concern by Calgary's amateur sport organizations about the availability of the feildhouse/adequate parking, etc. Seems like the concept is liked, but needs more thought put into it before they know whether it would work well.
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That is what will kill CalgaryNEXT, I always figured the dollars would get sorted out, but I don't think that timeline will work for anyone involved (IE: Olympic Bid).
Bring on Plan B... and good luck to the city/province on cleaning up that site.