Flames’ CalgaryNEXT arena plan sent back to drawing board by council

City officials will huddle with Calgary Sports and Entertainment Corp., the company that owns the Flames and Stampeders, to find the best fit for the CalgaryNEXT arena-stadium proposal. A week after city bureaucrats determined the ambitious project would cost in the range of $1.8 billion — significantly more than the initial pitch of $890 million — and declared…

Source: Flames’ CalgaryNEXT arena plan sent back to drawing board by council

Flames put positive media spin on  administration’s rejection of proposed arena.  Says admin’s rejection is opportunity for new talks on a new arena.

Flames’ CalgaryNEXT arena plan sent back to drawing board by council

City officials will huddle with Calgary Sports and Entertainment Corp., the company that owns the Flames and Stampeders, to find the best fit for the CalgaryNEXT arena-stadium proposal. A week after city bureaucrats determined the ambitious project would cost in the range of $1.8 billion — significantly more than the initial pitch of $890 million — and declared…

Source: Flames’ CalgaryNEXT arena plan sent back to drawing board by council

This is scary.  Although it says the current arena proposal is not feasible, come back with something new, and it will be considered, but it is quiet on who will pay for it, which means look out Calgary tax payers.

Kelly McParland: Calgary’s dream arena lands with a thunk in the middle of meltdown

Just as Alberta is trying to keep the roof from falling in, along comes CalgaryNEXT with a plan for a $1.8 billion sports development, largely at public expense

Source: Kelly McParland: Calgary’s dream arena lands with a thunk in the middle of meltdown

This article says look out, the proposed CalgaryNEXT was just for openers.  The arena advocates will be back with a modified proposal that they will tout as being just what we asked for.  But, tax payers will still be expected to pay for it.

‘There’s lots of potential that remains,’ King says of CalgaryNext as councillors look for alternatives

A major report deeming the CalgaryNext proposal “not feasible” has some city councillors looking for other ideas to replace the Saddledome and McMahon Stadium, but Ken King isn’t willing to give up on the idea just yet.

Source: ‘There’s lots of potential that remains,’ King says of CalgaryNext as councillors look for alternatives

Mr. King needs more than a new arena to save his job.  He needs a Stanley Cup.

Why CalgaryNext was rejected by city staff who studied the proposal for months

After months of study, city staff released a report concluding the CalgaryNext proposal for a downtown arena and stadium is “not feasible.” Here’s why they think it won’t work.

Source: Why CalgaryNext was rejected by city staff who studied the proposal for months

Bottom line, it costs Calgary tax payers too much.

The Flames’ CalgaryNEXT arena plan could cost $1.8 billion, double the original estimate, says a city report

The Calgary Flames’ ambitious vision to build a professional and amateur sports complex in the West Village hit a major roadblock Wednesday following the release of a city analysis showing CalgaryNEXT could cost ultimately about $1.8 billion and have taxpayers pay up to two-thirds of the tab.   It’s a staggering sum that city hall insiders believe…

Source: The Flames’ CalgaryNEXT arena plan could cost $1.8 billion, double the original estimate, says a city report

No experienced independent, objective viewpoint saw, from the beginning, this proposal being less than $2 billion, with the City being on the hook for most of it.

But, don’t expect the Flames to stop here; and, there will be some Councilors supporting them.  Furthermore, the creosote soil contamination will be judged manageable and the health risk negligible.  After all, the land has been continuously occupied and no one has dies yet.

Council grounds CalgaryNEXT proposal

While city officials say that Calgary does indeed need a new arena, they’ve found that the CalgaryNEXT proposal may not be the way to go.

Source: Council grounds CalgaryNEXT proposal

The Flames proposed arena in the West Village was poorly conceived and amateurishly presented.  The financial projections were dubious from the start and the site selection ill advised.

(The report to Council may be seen here.)

 

“If business does well so will our city … if we can build a downtown with more density … it will be good for business.”

Really.  There’s more to life and living than just business as a criterion for what we do.

This Business In Calgary article, March 2016, promotes the proposed CalgaryNEXT project, although it purports to be an objective analysis.  The publisher of the magazine states that if “business does well so will our city” (page 36).

The owners contribution to the proposed project would be borrowed money, which, “if the city is unwilling to grant this loan“, they will seek another source.

The CalgaryNEXT proposal should be rejected.  No city planner has envisioned a hockey arena for this part of our city; and, we should not be subsidizing private business.

 

Breakenridge: Flames should share their Plan B for a new arena with Calgarians

Murray Edwards is certainly free to live wherever he chooses, but his timing couldn’t be worse. Edwards, of course, is chairman of Canadian Natural Resources Ltd. and is also chairman and part-owner of the Calgary Flames. He also happens to be chairman of Magellan Aerospace Corp., and that company’s recent tax filings show that Edwards has…

Source: Breakenridge: Flames should share their Plan B for a new arena with Calgarians

“many Calgarians see this as corporate welfare”