Flames to announce plans to announce arena plans in the... future...

[rayne008]

Local Realtor's blog on possible locations.
Nothing that hasn't been discussed here, but it's fun to bump this thread once in a while.

http://www.rossaitken.ca/blog-156337...in_2020__.html

[SebC]

Originally Posted by rayne008

Local Realtor's blog on possible locations.
Nothing that hasn't been discussed here, but it's fun to bump this thread once in a while.

http://www.rossaitken.ca/blog-156337...in_2020__.html

[T@T]

Originally Posted by rayne008

Local Realtor's blog on possible locations.
Nothing that hasn't been discussed here, but it's fun to bump this thread once in a while.

http://www.rossaitken.ca/blog-156337...in_2020__.html

All that is realtors reading this thread!

Oh, And I'm officially bumping my odds of firepark to 65%.

[Freeway]

Wowzers. Riddell is worth $3.2B, Edwards is worth $2.5B.

[heep223]

I'm sorry for bumping this thread, but the Conference Board of Canada released a report on arena funding and it references the Flames. Article summarizes. Too bad the full report costs money.

A Solution to Finance Professional Sports Facilities in Alberta : Public-Private Partnership Model

Modest public funding is reasonable if governments take the right steps.

Ottawa, July 8, 2014 – Alberta has been considering the question of how best to finance professional sports playing facilities — an issue that is a political hot potato across North America. A recently-published Conference Board of Canada book Power Play: The Business Economics of Pro Sports, examines the economic, financial, and socio-political dimensions of recent arena and stadium development in Canada — and concludes that there is no single right answer.

One issue that frequently arises is whether financing for pro sports facilities has to be an all-or-nothing proposition — all publicly-funded or all privately-financed. The Conference Board analysis suggests that funding of facilities can be shared, particularly if governments make use of well-designed financing and governance structures.

As has been done elsewhere in Canada, private-public partnerships (or PPPs) are one way for locations in Alberta to share the costs and risks of developing pro sports facilities, engage private sector project and risk management practices, and thereby reduce the overall costs to taxpayers.

Highlights

• Some public funding for sports facilities can be justified on the basis of what economists call 'public goods'.
• Arenas in Montreal, Toronto, Ottawa, Winnipeg, and Vancouver were built largely with private money, while Quebec City’s is being built with government money and Edmonton has opted for a mix of public and private funding.
• Cities need to take a detailed look at their individual market conditions to determine whether and how much public funding might be justified.

"A reasonable starting point for communities facing this issue is to determine whether a facility could be privately financed, as has taken place in some cities in Canada," said Glen Hodgson, Senior Vice-President and Chief Economist, and co-author of Power Play.

"In an ideal world, franchises and their playing facilities would be privately financed and would operate profitably. In reality, it seldom works out that way. In many communities, some level of public support for sports facilities is required and can be justified on the basis of what economists call 'public goods', or assets that serve the broader public interest."

The Conference Board’s analysis notes that arenas in five Canadian markets --Montreal, Ottawa, Toronto, Winnipeg and Vancouver — were largely constructed as private ventures. The Air Canada Centre in Toronto, the Bell Centre in Montreal, the Canadian Tire Centre in Ottawa, the MTS Centre in Winnipeg and Rogers Arena in Vancouver are all homes to National Hockey League franchises. But not every case is an unqualified success.

Financing new pro sports facilities requires detailed case-by-case analysis and discussion. In Quebec City, the city government is footing the bill for a new NHL-quality building. Ottawa’s renewed sports facility is being financed and managed through a complex public-private partnership arrangement. Edmonton’s new arena is being built with a mixture of private finance and public funding from the City, as part of a larger plan to renew Edmonton’s downtown.

In Calgary, debate has begun about a new home for the NHL Flames, and thorough analysis of the city’s market conditions will be required to determine the appropriate roles of the private and public sectors.

Power Play lays out the criteria and management tools that public officials should use when deciding whether to provide public money for new playing facilities. The Conference Board recently applied its economic analysis capability to assess the impact of a new baseball stadium in Montreal for the Montreal Homerun Project.

Released in March, Power Play: The Business Economics of Pro Sports is authored by economists (and passionate sports fans) Glen Hodgson and Mario Lefebvre. It examines the economic conditions of the communities that host professional sports franchises, looks at the operating conditions for pro sports leagues, and discusses franchise ownership and management.

http://www.conferenceboard.ca/press/newsrelease/14-07-09/a_solution_to_finance_professional_sports_faciliti es_in_alberta_public-private_partnership_model.aspx

[STAMPEDRED]

Can this thread be renamed to ' the flames will announce a new arena when they darn well feel like it'?

It's crazy how much that title of 2-3 months gets your hopes up... From about 5 years ago!

[Locke]

I hate when this thread gets bumped. So much empty hope...

[sureLoss]

I have tried to edit the thread title multiple times over the years.

Believe once the thread gets to a certain age, you can't edit the title anymore.

Maybe a mod could do it.

[Senator Clay Davis]

The Ongoing Flames New Arena Saga feels like it fits.

[FurnaceFace]

...or lock the thread and Sureloss can create a new one 8 seconds after there is actual news.

[monkeyman]

Originally Posted by Bunk

The bike lanes that are less than 1.5% the capital budget for transportation? The bike lanes that, at full build out (220km) affect about 0.3% of lane km across the city and less than 3% in within the downtown/beltline?

She did ask you to have your say on the use of your tax dollars, including cycling through the City's very open budget process - on the finger trap no less!

Bunk, out of curiosity, how much is the capital budget for transportation $$$, and is that 1.5% a one time cost or annual? just to give me a better understanding in real dollars.
Thanks.

[heep223]

I know I know I said I was sorry! Where else to put this kind of info?

[Resolute 14]

Originally Posted by furnaceface

...or lock the thread and sureloss can create a new one 8 seconds before there is actual news.

ftfy

[dustygoon]

King and co are being old school gentlemen as far as I can tell by not letting this spill out into public forum.

But I would like to hear Nenshi on this. I went to university with the guy. You couldn't shut him up. He will have a strong view on this to be sure.

[nik-]

Originally Posted by dustygoon

King and co are being old school gentlemen as far as I can tell by not letting this spill out into public forum.

I'd say they're more being shrewd businessmen by not letting information about how much taxpayer money they're going to ask for so resistance doesn't have more time to build up.

We'll get all the same moves that we see play out in every city when this happens. I'll be floored if this plays out "gentlemanly"

[Tyler]

Originally Posted by dustygoon

King and co are being old school gentlemen as far as I can tell by not letting this spill out into public forum.

But I would like to hear Nenshi on this. I went to university with the guy. You couldn't shut him up. He will have a strong view on this to be sure.

Have you heard of Google? I just found 10 results with comments from him on it.

[heep223]

Originally Posted by dustygoon

But I would like to hear Nenshi on this. I went to university with the guy. You couldn't shut him up. He will have a strong view on this to be sure.

http://www.cbc.ca/news/canada/calgar...nshi-1.2667916

Calgary Mayor Naheed Nenshi says he supports the idea of a new arena for the Calgary Flames, but he does not support contributing taxpayers money to the venture.

"I've said many, many times that I don't believe in public funds going after private money," said Nenshi. "As soon as they buy the land I would be happy to expedite the development process."

Mayor Naheed Nenshi says the Calgary Flames should not expect any taxpayers money towards a new arena.

[Jordan!]

I hope this happens on a Monday

[seattleflamer]

Originally Posted by dustygoon

King and co are being old school gentlemen as far as I can tell by not letting this spill out into public forum.

But I would like to hear Nenshi on this. I went to university with the guy. You couldn't shut him up. He will have a strong view on this to be sure.

I think you're mistaking him with Ezra Levante from those days.

[calumniate]

Maybe Nenshi can award the contract to Shane Homes. Mend some bridges

Problem solved?