Well it depends on whether or not you feel the city would benefit from a multi-purpose arena where the profits go directly to the owners or is shared amongst any potential investors.
I picked up on a previous comment that music artists etc don’t stop past Calgary as often as other cities. The Hydro was built in Glasgow as the city wanted to ensure they continued to attract a wide variety of events and needed a suitable venue.. the conferences and the like which visit the city have a massive impact on the local economy all because the venue is suitable.
So to answer your question, undoubtedly in my mind, it should be a mixture of public and private.
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