Quote:
Originally Posted by flambers
Plus this development will occur, with or without the Flames
Calgary has no choice but to make improvements to their downtown core.
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100%. This is the key point the angry types miss.
There is no 0 cost scenario.
The city can spend 500m+ on their own to build it and probably ~1B more to run it for a couple decades.
Or it can spend 500m to build it with a partner, get a better facility, and an income offset over time, modest or otherwise.
If the city wants a downtown event centre connected to some kind of cohesive development plan those are the options.