Quote:
Originally Posted by Muta
Sure, but a) it's a bit more layered than that when it comes to revenue generation for these facilities (new design, technologies and location can attract new events and opportunities), b) if a private firm wants to help fund some or all of it and if a new stadium / development spurs surrounding investment and therefore increased tax revenue, and c) it doesn't take away the fact that McMahon is a 60+ year old crumbling joke.
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Look at all that amazing development the Saddledome created around it. It's a true entertainment hub. Only took like 20 years for a single apartment to be built anywhere close.
Edmonton's new arena has gravel lots beside it. All it did was steal development from elsewhere in their downtown and even then it's still sparse.