With Calgary taxpayers possibly on hook for most of CalgaryNEXT’s estimated $890

Taxpapyers "on the hook"
Taxpayers “on the hook”

With Calgary Sport and Entertainment Corp. formally requesting to build Ca
lgary­NEXT on a 130-acre plot known as West Village next to downtown — a project which could require up to $690 million in taxpayer funding to cover the estimated $890 million tab — the Sun decided to take a look at some other major stadium projects completed and under constr

Source: With Calgary taxpayers possibly on hook for most of CalgaryNEXT’s estimated $890

CalgaryNEXT sure to be an election issue

voting_line_ballot_box_1600_clr_9468In announcing plans for the CalgaryNEXT project, the Flames organization has likely also launched a $250 million election issue in the 2017 civic campaign.

Source: CalgaryNEXT sure to be an election issue

Evan Woolley and Gian-Carlo Carra saying they are at least open to having the conversation, and others, like Coun. Druh Farrell saying she is dead set against it.

Calgary Mayor Naheed Nenshi says arenas lack economic benefit for cities

Arenas don’t provide much in the way of economic benefit for cities, but that’s no reason not to build them, Mayor Naheed Nenshi said Monday.

Source: Calgary Mayor Naheed Nenshi says arenas lack economic benefit for cities

“So when you hear me say, ‘public money must be for public benefit, not for private profit,’ which you’ve heard me say about a million times … that’s really what we’re talking about.

“How do we define and balance that question of public sector benefit?”

West Village creosote: What is it and who’s to blame?

One of the biggest hurdles to be cleared before Calgary Sport and Entertainment Corporation’s proposal for an $890-million arena, event centre and fieldhouse can move forward will be the environmental remediation of the West Village.

Source: West Village creosote: What is it and who’s to blame?

Is CalgaryNEXT a good idea?

stick_figure_in_deep_thought_1600_clr_8120“I have consistently expressed that I am not in favour of public money or free land going toward for-profit organizations. Calgarians would have to see a significant public benefit from CalgaryNEXT, for money or free land to be given.”  Councilor Druh farrell

Source: The City of Calgary – Ward 7 News: Blog – Is CalgaryNEXT a good idea?

City can’t ‘wing it’ with revitalization levy for proposed CalgaryNEXT sports complex

Consultants and politicians say extensive market and economic feasibility studies must be done before a $240-million community revitalization levy is approved to partially finance a proposed multi-sport complex in downtown Calgary’s west end. Calgary Sports and Entertainment Corp., which owns the Calgary Flames, Stampeders, Hitmen and Roughnecks, has proposed using the levy to help fund…

Source: City can’t ‘wing it’ with revitalization levy for proposed CalgaryNEXT sports complex

Don’t be so quick to dismiss CalgaryNEXT’s merits | Diane Colley-Urquhart

Re: “No corporate welfare for CalgaryNEXT,” Paige MacPherson, Opinion, Sept. 9Well — they do intend to pay for their “flashy arena desires” — not taxpayers! There were so many ill-founded politically expedient statements and assumptions in this piece that I felt compelled to respond.

Continue reading “Don’t be so quick to dismiss CalgaryNEXT’s merits | Diane Colley-Urquhart”

Calgary Flames’ proposed arena could be another example of why public funding doesn’t equal public benefit | National Post

Scott Stinson: That’s the problem with arenas, in sum: they attract money, but only money that would have been spent locally anyway

Source: Calgary Flames’ proposed arena could be another example of why public funding doesn’t equal public benefit | National Post

National Post View: The Flames’ rotten idea | National Post

If Calgary has this kind of money sloshing around, we can think of any number of uses for it that would more nearly meet the public benefit test than subsidizing the profits of the Flames owners.

Source: National Post View: The Flames’ rotten idea | National Post

MacPherson & Bateman: How a small B.C. town got the Calgary Flames hooked on corporate welfare

Giving hundreds of millions to a wealthy sports franchise for a for-profit development doesn’t make sense — especially in Alberta

Source: MacPherson & Bateman: How a small B.C. town got the Calgary Flames hooked on corporate welfare

Breakenridge: There’s nothing wrong with questioning wisdom of CalgaryNEXT (with poll)

back_and_forth_questions_500_clr_8159Last month’s dramatic unveiling of the Calgary Flames’ ambitious plans for a massive new arena-stadium complex in the West Village should have been the starting point for a conversation. Instead, it increasingly appears as though the Flames intended their announcement to be the first and final word on the matter. Are we to believe, though,…

Source: Breakenridge: There’s nothing wrong with questioning wisdom of CalgaryNEXT (with poll)

White: Do we really need to develop West Village?

When Calgary Sports and Entertainment Group announced its preferred location for its CalgaryNEXT project of an arena/stadium/fieldhouse was West Village, many Calgarians exclaimed, “Where’s that?” It is the land west of 14th Street S.W., north of the CPR tracks, south of the Bow River and east of Crowchild Trail. The name was given to the area…

Source: White: Do we really need to develop West Village?

“There is no way the CRL [Community Revitalization Levy (aka TAX)] can pay for both infrastructure improvements and share of the arena and stadium costs as proposal by CalgaryNEXT.”

Economist on CalgaryNEXT: $1 in could mean $1.20 out – 660 NEWS

A high-ranking official for a Canadian economic think tank is laying out how CalgaryNEXT could be approved with the contribution of taxpayer money. Glen Hodgson, Senior VP and Chief Economist with the Conference Board of Canada, said while research suggests new sports facilities don’t create a net benefit to a local economy, they could be […]

Source: Economist on CalgaryNEXT: $1 in could mean $1.20 out – 660 NEWS

MacPherson: CalgaryNEXT doesn’t need corporate welfare

 The Calgary Flames ownership group is standing on the steps of City Hall, lips quivering, arms outstretched, fedoras in hand.  They need hundreds of millions of our tax dollars for a so-called city building project, a downtown NHL arena and sports complex dubbed CalgaryNEXT. If you have a problem with that, “then what’s your competing…

Source: MacPherson: CalgaryNEXT doesn’t need corporate welfare

Meetings and consultations for arena plan

NEXT STEPS

Consulting Calgarians on new arena plan:

business_conference_400_clr_3835Where do we go from here?

 

After announcing plans to build an $890 million arena, event centre and fieldhouse, the next step for Calgary Sports and Entertainment Corp. officials will be to begin meeting with various levels of government, said president and CEO Ken King, while city officials will start engaging Calgarians and looking into the cleanup of the creosote-contaminated site.

“Essentially this is the

Formal request,” said King. “What we want to do now is begin the dialogue on a (Community Revitalization Levy), that’s a dialogue that takes place between the (Calgary Municipal Land Corp., which manages cityowned lands) the city and the province.”

Continue reading “Meetings and consultations for arena plan”

Creosote bill new ground for government

When it comes to the environmental cleanup of the proposed CalgaryNEXT’s West Village site, there’s no precedent for the province stepping in to cover the cost, said the premier.

“We have operated in this province for many years on a principle of polluter pay and there’s really no precedent of the province stepping in to pay the cost of remediation when a polluter has contaminated a piece of property,” Premier Rachel Notley said during a visit to the Calgary-Foothills riding Wednesday evening.

Continue reading “Creosote bill new ground for government”

Braid: A visionary arena project, wrapped in mystery

The Calgary Flames’ arena proposal for the west end is brilliant. It’s also a dream wrapped in a mystery shrouded in fog. At this stage, the Flames can answer virtually no questions about the biggest building and revitalization project ever proposed for Calgary. With the hockey rink, event centre, football stadium and fieldhouse all in one…

Source: Braid: A visionary arena project, wrapped in mystery

Stadium project will keep Calgary vibrant

Proposal integral to the city’s future

NATIONAL POST/ FILES

The ambitious arena- stadium plan will surely have its share of detractors, but if the city wants to remain a magnet for young, creative talent, CalgaryNEXT is the direction it needs to take.

The ambitious arena- stadium development plan announced Tuesday by Calgary Sports and Entertainment Corp. president and CEO Ken King will surely have its share of detractors.

Continue reading “Stadium project will keep Calgary vibrant”

Arena proposal heats up

Calgary Flames expected to ask city for $200M

Robson Fletcher Metro | Calgary

The Calgary Flames plan to unveil “high-level” information next Tuesday about a project dubbed “Calgary NEXT,” adding fuel to ongoing speculation about the team’s plans for a new arena and what it may ask of taxpayers as part of the proposal.

“We would like to share a proposal for a project that will make all Calgarians and Albertans proud,” King wrote in an email to seasonticket holders, copies of which circulated online Wednesday. “This has the potential to be one of Calgary’s most transformative projects at a vital time in our city’s history.”

A source with knowledge of the proposal told Metro the Flames are expected to ask the city for roughly $200 million toward the multi-use facility, which would not only provide a home to the NHL team and the Calgary Stampeders, but also include a multisport fieldhouse for public use.

The city has already approved a concept plan — but hasn’t secured funding — to build a new fieldhouse at Foothills Athletic Park with a price tag “in the range of $200 million,” the source noted.

The idea would be to instead incorporate that into the Flames’ project in the West Village area, just west of downtown, as opposed to building a “standalone” facility at Foothills, the source said. In his email, King said more detailed information is to be released Tuesday.

“This is not a formal launch of the project, but it is an opportunity for us to share what has been done to date and introduce our vision for the future,” he wrote.

Continue reading “Arena proposal heats up”

Breakenridge: Calgary won’t crumble if new sportsplex doesn’t happen

Calgary needs to take a deep breath. Whatever challenges or opportunities CalgaryNEXT presents, it does not represent an existential crisis for the city. The Calgary Flames have presented their idea for new facilities for their professional franchises to call home, and have offered up a rough outline of how the $890-million project should be funded.…

Source: Breakenridge: Calgary won’t crumble if new sportsplex doesn’t happen

The impossible fight against America’s stadiums

What’s America to do about its stadium problem?

Over the past 15 years, more than $12 billion in public money has been spent on privately owned stadiums. Between 1991 and 2010, 101 new stadiums were opened across the country; nearly all those projects were funded by taxpayers. The loans most often used to pay for stadium construction—a variety of tax-exempt municipal bonds—will cost the federal government at least $4 billion in taxpayer subsidies to bondholders. Stadiums are built with money borrowed today, against public money spent tomorrow, at the expense of taxes that will never be collected. Economists almost universally agree that publicly financed stadiums are bad investments, yet cities and states still race to the chance to unload the cash. What gives?

Continue reading “The impossible fight against America’s stadiums”

Flames to meet with stakeholders to discusses viability of CalgaryNEXT proposal | Calgary Herald

Calgary Flames executives will join a meeting next week with stakeholders in tourism, civic affairs and amateur sport to discuss the viability of the CalgaryNEXT proposal. In a meeting with the Herald’s editorial team Thursday, Ken King, CEO of the Calgary Sports and Entertainment Corp., confirmed he will meet next week with city officials, Tourism…

Source: Flames to meet with stakeholders to discusses viability of CalgaryNEXT proposal | Calgary Herald

Flames need to “earn” public funding for arena development

The Calgary Flames have a motto for their players — “nothing given, everything earned.” It’s a mantra the NHL team’s executives would do well to embrace as they lobby governments for hundreds of millions of’ dollars to build the entertainment complex and urban redevelopment project they’re proposing to transform the city’s west end. Ken King, chief executive of Calgary Sports and…

Source: Ewart: Flames need to “earn” public funding for arena development

Nenshi says polluter should help pay for creosote clean-up of proposed arena site

The provincial and federal governments bear some responsibility in remediating contaminated land in the city’s West Village where the owners of the Calgary Flames and Stampeders hope to build an $890-million sports complex, says Mayor Naheed Nenshi.

Source: Nenshi says polluter should pay for creosote cleanup in West Village

First, soil remediation at the proposed arena site has been underway for years, begging the question of who is paying for that.  Whoever that is, by paying the cost, has accepted liability and is responsible for completing the clean-up.

Second, the polluter should pay, not just “help pay”.

Community Revitalization Levy 

Alberta[edit] In April 2012, it was proposed that the Alberta government change regulations so that the Community Revitalization Levy (CRL) could be applied to remediation costs “incurred by a private developer.”[36]:18 “The CRL does not currently allow the levy to be used for remediation costs incurred by a private developer. While the CRL is quite a comprehensive approach that is not widely used, it is suggested that a change in regulation to allow the levy to apply to remediation costs would provide inc

Source: Tax increment financing – Wikipedia, the free encyclopedia

This is another term for the Community Revitalization Levy tax being sought by Calgary sports and Entertainment  for its proposed arena.

Flames to meet with stakeholders to discusses viability of CalgaryNEXT proposal

Calgary Flames executives will join a meeting next week with stakeholders in tourism, civic affairs and amateur sport to discuss the viability of the CalgaryNEXT proposal. In a meeting with the Herald’s editorial team Thursday, Ken King, CEO of the Calgary Sports and Entertainment Corp., confirmed he will meet next week with city officials, Tourism…

Source: Flames to meet with stakeholders to discusses viability of CalgaryNEXT proposal

There are many stakeholders mentioned in this article, but they are all potential beneficiaries of CSE’s proposed project.  By their absence, financially responsible taxpayers lose the public relations war by default.

The wrong question is being asked.  The question being asked publicly is “would you like this bright, shiny new thing”, for which the answer is immediately yes.  If the question were “would you like to pay for this new thing”, the answer would be no.

Ken King, president and CEO of Calgary Sport and Entertainment Corp. says West Village creosote cleanup is “No . 1 emerging issue” facing CalgaryNEXT

Flames brass are hopeful government will step in to champion the cleanup of polluted land tapped for a proposed $890-million sports complex.

Source: Ken King, president and CEO of Calgary Sport and Entertainment Corp. says West Village creosote cleanup is “No . 1 emerging issue” facing CalgaryNEXT