So going through the that report in detail.
The Flames ownership will contribute 450 million
The city has to contribute about 900 million.
The city will get 435 million from a CRL and 310 million from the sale of land leaving about 150 million to be financed and still want to spend another 200 million in infrastructure on the west village.
They get a field house, stadium, and arena.
Or
Remediate the land for 50 million
Spend 200 million on a field house
Spend 300 million on infastructure (Total Value not reduced amount)
Gain 460 million from selling the land (15 more acres of land)
Gain 435 from the CRL or more now that you have more land.
This leaves you with 200 million dollars in actual created value. (150 million is interest. So you are Half a billion dollars ahead if you don't build the stadium/Arena.
So is an Arena and Stadium worth half a billion. I think we get the Arena for 100 million in infastructure around Stampede.
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