Quote:
Originally Posted by Bend it like Bourgeois
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.
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or plan C. The billionaire pays for it (or at least a fair share of it). CSEC basically get a free arena out of this deal.