[News] CalgaryNEXT Announcement. New arena details emerge.

[DoubleF]

Originally Posted by Iggy City

If it's city owned, does that mean there won't a stupid company label attached to the name?

Hmm... The city hall arena has a nice ring to it

[Cappy]

[QUOTE=Royle9;5397202]

Originally Posted by Cappy

Did you actually just compare Glendale to Calgary?
Give your head a shake, the fan base is completely different.

I'm not talking about the fan base. I'm talking about the fact that the city will own a building that relies on one tenant. How do you think those lease negotiations go?

[Muffins]

Originally Posted by Iggy City

If it's city owned, does that mean there won't a stupid company label attached to the name?

Even worse, it'll be called "The Nenshi"

[hockey.modern]

Originally Posted by Iggy City

If it's city owned, does that mean there won't a stupid company label attached to the name?

Nope, you'll still have the sponsored names. Scotiabank Saddledome is city-owned

[btimbit]

[QUOTE=Cappy;5397212]

Originally Posted by Royle9

I'm not talking about the fan base. I'm talking about the fact that the city will own a building that relies on one tenant. How do you think those lease negotiations go?

These buildings will have multiple tenants, + events

[Street Pharmacist]

Originally Posted by Muffins

Even worse, it'll be called "The Nenshi"

The Ralph Klein memorial arena?

[Senator Clay Davis]

The "missed" concert argument because of the Dome is mostly not true. It's not because of the arena, it's because artists have lots of cities they can play. Calgary is not in the top 50 metro areas in North America. Most artists only do 40-50 show legs. It's not a building thing, it's a "We will only play Edmonton or Calgary" thing. I think people are going to be very disappointed that bands will still skip Calgary with a new building.

Rush just played Calgary and....not Edmonton. Pearl Jam played Calgary 2013...not Edmonton. Bands go to Calgary and not Edmonton a decent amount if you look hard enough.

[Hockeyguy15]

Also the timeline of this project along with the green line LRT is quite similar, no?

[CroFlames]

[QUOTE=Cappy;5397189]

Originally Posted by shutout

I'm sure Glendale is super stoked they own the arena, too.

Yep, we should scrap the whole idea of a new sports complex. Murray Edwards sure as hell isn't putting up $1 billion for the arena and stadium.


I guess the NHL's poor man's club, the Calgary Flames, will just have to play in the Saddledome until Judgement Day. Maybe they'll relocate to LV.

[Hack&Lube]

This is really cool but it probably also means the Stampede park is going to continue to get the shaft and remain with 50+ year old infrastructure.

[Locke]

Originally Posted by octothorp

If the city owns the building and lands, does that mean that the Flames and Stampeders will pay rent to them? Will the city get the majority of the revenue from concerts and events hosted there?

What it comes down to for me (in regards to public money being spent) is how quickly they can reach a point where this actually becomes a revenue-generator.

This is where cities run into problems. Arena Management Contracts are almost Universally one-sided.

Just ask the City of Glendale.

However, in my opinion, an astutely compiled and wise Arena Management Contract would actually allow the City to recoup costs and, if done well, even potentially profit from the Arena.

Its those Oilers/Coyotes contracts where the City sells their souls for $1 and receives no return where we get screwed.

[polak]

Originally Posted by Handsome B. Wonderful

Those of us who are more cynical will interpret that as meaning they want the city to pay for the land clean up.

As opposed to letting it rot there not generating any sort of revenue for anyone?

[Cappy]

[QUOTE=btimbit;5397215]

Originally Posted by Cappy

These buildings will have multiple tenants, + events

Sorry,

Hitmen, Roughnecks, Flames, Stamps... so many different owners.

[Locke]

Originally Posted by Muffins

Even worse, it'll be called "The Nenshi"

I read that on Urbandictionary.com. Its not flattering.

[Tacopuck]

Originally Posted by shutout

Not sure who would get displaced.
If you are worried about people renting, then have the city put in rent control legislation for the area covering the next 10-15 years.

If its people who own homes in the area they don't have to sell, but if they decide to they are going to make more money then than their homes are worth now.

Given some of the property values in the area as they are today I would imagine the ones who do own and are at risk of not earning enough to maintain living there are people who bought in the are over 10 years ago. That would most likely mean the increase in their property value would exceed the value remaining on their mortgage (assuming they haven't remortgaged or used it as collateral for something else). They could then possibly take out a line of credit against their house and pay off the mortgage and offer them much more financial flexibility to continue living there.

This of course is a HUGE generalization, I just dont see how this cant benefit the neighborhood more than it hurts it.

[Cole436]

If the city owns the land and buildings, then yeah. I'm all for this.

[Rick M.]

Originally Posted by Street Pharmacist

The Ralph Klein memorial arena?

The Ring-a-ding-dong-dandy Arena.

[Cappy]

[QUOTE=CroFlames;5397219]

Originally Posted by Cappy

Yep, we should scrap the whole idea of a new sports complex. Murray Edwards sure as hell isn't putting up $1 billion for the arena and stadium.


I guess the NHL's poor man's club, the Calgary Flames, will just have to play in the Saddledome until Judgement Day. Maybe they'll relocate to LV.

Every other arena outside of Edmonton is privately owned... This isn't an impossible concept.

[MelBridgeman]

Originally Posted by Senator Clay Davis

The "missed" concert argument because of the Dome is mostly not true. It's not because of the arena, it's because artists have lots of cities they can play. Calgary is not in the top 50 metro areas in North America. Most artists only do 40-50 show legs. It's not a building thing, it's a "We will only play Edmonton or Calgary" thing. I think people are going to be very disappointed that bands will still skip Calgary with a new building.

Rush just played Calgary and....not Edmonton. Pearl Jam played Calgary 2013...not Edmonton. Bands go to Calgary and not Edmonton a decent amount if you look hard enough.

wrong

http://calgaryherald.com/news/local-...omes-drawbacks

[Royle9]

[QUOTE=Cappy;5397212]

Originally Posted by Royle9

I'm not talking about the fan base. I'm talking about the fact that the city will own a building that relies on one tenant. How do you think those lease negotiations go?

one tenant? Did you read the entire thread or am on acid..in which case I could be in trouble at work