GSL land deal fuels speculation of new arena, condo towers

The City of Calgary now officially owns the GSL land on the western outskirts of downtown leading to speculation on what it plans to do with its real estate holdings of more than 12 hectares in the area along Bow Trail.

Source: GSL land deal fuels speculation of new arena, condo towers

Was this land bought so the City could mask a contribution to the proposed Flames arena?

Councillors know there will be much opposition to contributing public money to a private sports organization.  Buying the land means they can say  “no money, but wait, we have this land you can use“.

Clever but misleading.

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