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Old 07-22-2019, 07:51 PM   #301
kermitology
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I’m actually reasonably satisfied that this is a fair deal for the city. I’m concerned about this in combination with the uncertainty around the green line, but in isolation, this looks good for the city and Flames.
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Old 07-22-2019, 07:55 PM   #302
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Frankly I am surprised on the positive reaction in this thread, I was expecting to come into this thread hearing from 50% of posters saying how bad this deal is for the city. Good to see.

No property taxes for CSEC but they pay all expenses with running the arena.
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Old 07-22-2019, 07:59 PM   #303
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It's about time...
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Old 07-22-2019, 07:59 PM   #304
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Old 07-22-2019, 08:00 PM   #305
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This is phenomenal news. It shows that proper process is needed to get good results. I am glad the City rejected the previous proposal. Great leadership by Davison in setting the right tone and right process to have productive, collaborative talks. Bravo for having CMLC at the centre of it all to ensure what’s actually built will be something not just good for a team but for the community, district and the city at large. I have full faith it’ll be best in class in terms of the building and how it anchors a district. All this has paid off tremendously so far.

Look forward to working in this project and district approvals in my job, which I start at the City tomorrow. :-)

A great day.
Congratulations dude, the city (and the project) is lucky to have you!
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Old 07-22-2019, 08:02 PM   #306
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Red Square?
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Old 07-22-2019, 08:03 PM   #307
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Has anyone seen anything on what the Stampede's involvement is? The land is "Stampede land" which the city expropriated for them years ago. Is the city paying the Stampede for the land? Concerned that Stampede is going to make $ for sitting on their butts as far as their promised development of that land.
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Old 07-22-2019, 08:03 PM   #308
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Also interesting that there is doesn't seem to be taking a loan and then paying it back via the ticket tax.

While the city's facility fee is essentially a ticket tax, there is no mention of a loan being taken out.

The CalgaryNext and 2017 proposals had clearly marked loans repaid by ticket taxes.
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Old 07-22-2019, 08:08 PM   #309
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This is even better than 50/50.

City and CSEC each pay 50% up front but then each side looks to get roughly 28% back (over 35 years mind you) through the facility fee.
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Old 07-22-2019, 08:08 PM   #310
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Is there anything on a football field or this a separate discussion. Sorry if I missed something but couldn't find anything on this but know there was a discussion around a field house at one point.
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Old 07-22-2019, 08:09 PM   #311
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The discussion was a couple pages back, too lazy to dig them out but the most annoying thing about a new arena will be the terrible bland corporate name. Yes the Saddledome has name sponsorship but it's still the Saddledome.

New building isn't going to have a new with the corporate name in front, it's going to be some terribly bland "Place/Arena/Center" etc etc.

Olympic Saddledome, Canadian Airlines, Pengrowth, Scotiabank. the Dome was the Dome.
There's something to be said for an iconic name. I think the key here is staying away from the more boring suffixes - "Place", "Center", "Arena", etc that every arena seems to get eventually - it's got to be a bit more unique, think "Gardens", "Coliseum", or "Forum". Something that sounds good alone after "the".
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Old 07-22-2019, 08:11 PM   #312
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Has anyone seen anything on what the Stampede's involvement is? The land is "Stampede land" which the city expropriated for them years ago. Is the city paying the Stampede for the land? Concerned that Stampede is going to make $ for sitting on their butts as far as their promised development of that land.
From previous news, the Stampede will now get to use the Saddledome Lands for something else.
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Old 07-22-2019, 08:13 PM   #313
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Frankly I am surprised on the positive reaction in this thread, I was expecting to come into this thread hearing from 50% of posters saying how bad this deal is for the city. Good to see.
Everyone is too exhausted to argue thanks to the fighting in the Lucic thread.
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Old 07-22-2019, 08:14 PM   #314
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Has anyone seen anything on what the Stampede's involvement is? The land is "Stampede land" which the city expropriated for them years ago. Is the city paying the Stampede for the land? Concerned that Stampede is going to make $ for sitting on their butts as far as their promised development of that land.
My understanding is that the Stampede is basically trading the Event Center land for the land that the Saddledome is built on
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Old 07-22-2019, 08:14 PM   #315
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From previous news, the Stampede will now get to use the Saddledome Lands for something else.

World's biggest mini doughnut stand?
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Old 07-22-2019, 08:15 PM   #316
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Double post

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Old 07-22-2019, 08:18 PM   #317
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All Star game 2026, Flames host the Draft 2027?
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Old 07-22-2019, 08:21 PM   #318
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World's biggest mini doughnut stand?
Yes please. Right beside a new amphitheatre to replace the coke stage.
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Old 07-22-2019, 08:22 PM   #319
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$400M direct benefits to the city (estimated) over 35 years, so $11M/year
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Old 07-22-2019, 08:23 PM   #320
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Does anyone have a link to any parking information?
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