Quote:
Originally Posted by Demzy84
So the surrounding businesses, hotels, and condos they want to build next to the arena are not going to be subject to property and business taxes?
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They aren't building in an area that needs to be revitalized though. How many new condos, hotels, and businesses do you think this will actually generate that the Saddledome has not? It just shifts entertainment spend for the most part. If the Flames wanted to clean up the site where they wanted Calgary Next and contribute some money then maybe I'd could get behind that train of thought more but at the end of the day the CSEC is getting a new arena and development rights for 40 million dollars upfront.
I hope the UCP get wrecked for this. Socialism for a billionaire.