Advertisement
Money

Calgary pursues ‘Victoria Park option’ for new arena: ‘This needs to happen sooner than later’

WATCH: Calgary is taking the Flames further down the road of building a new hockey arena close to the Saddledome.

Calgary is taking the Flames further down the road of building a new hockey arena close to the Saddledome.

City council voted Monday to continue working on a new arena option. Calgary Sports and Entertainment is willing to stay on that road if it expedites a new rink for the Flames.

“We’re enthusiastic to the extent that I think we’re getting closer to being able to make some decisions ourselves,” president and CEO Ken King said.

“What is important is this needs to happen sooner than later. It takes years to build these things. We need to get on with it.”

Tweet This

The costs of what’s been dubbed the Victoria Park concept were not revealed.

Story continues below advertisement

“I’d love to be able to share those, but they don’t exist yet,” Mayor Naheed Nenshi said.

WATCH: Calgary Flames president Ken King joins Global Calgary to discuss the potential of building a new arena in Victoria Park

Ken King discusses Victoria Park as potential spot for new arena
Ken King discusses Victoria Park as potential spot for new arena

The parcel of land under consideration is a 7.2-acre site on the north side of Scotiabank Saddledome, which at 34 years is the oldest in the NHL.

The initial CalgaryNext project proposed by the Flames in 2015 included an arena, football stadium and public fieldhouse costing $890 million and located on the downtown’s west side.

The Flames offered $200 million of their money for the project and proposed a $250-million loan be repaid through a ticket surcharge.

READ MORE: Proposed CalgaryNEXT site in West Village is ‘dead’: Mayor Naheed Nenshi

Council declared CalgaryNext not feasible saying the bill would be $1.8 billion when the costs of land, municipal infrastructure, environmental remediation and financing were incorporated.

The Flames didn’t agree with the city’s financials and the price tag was eventually lowered to $1.3 billion, with taxpayers footing over a billion of it.

That was still too much money for council. Nenshi told reporters last month that CalgaryNext “is dead,” but deputy city manager Brad Stevens said Monday it is “on pause.”

Story continues below advertisement

“All our efforts have been focused on Victoria Park,” Stevens said.

Tweet This

A motion to eliminate CalgaryNext from consideration was defeated by council, however.

“Our agreement was, on an expedited basis, we would look at Victoria Park as long as we could keep CalgaryNext on the backburner,” King said.

“If we can make a deal on Victoria Park we will. If we can’t, then we’ll revisit whatever options are available to us.”

READ MORE: New vision for Victoria Park in downtown Calgary revealed

The Victoria Park location is attractive to the city because it is in a district in which more than $1.44 billion has already been invested over the last decade in buildings, bridges, underpasses, transit, streets, paths and utilities.

The Victoria Park proposal doesn’t include a football stadium or fieldhouse.

The Flames also own the Canadian Football League’s Stampeders, who play at the 57-year-old McMahon Stadium.

“If we should come to an agreement on Victoria Park, then the matter of the disposition of McMahon Stadium becomes a separate and different issue,” King said.

Story continues below advertisement

“It needs to be dealt with. I don’t think we can orphan McMahon and leave it as it is now.”

Tweet This

King added that an arena at Victoria Park “can come close to” the 20,000-seat design that was part of CalgaryNext.

“Our group is putting a very considerable contribution to this,” he said. “This is a public-private partnership and it’s a big one.”

Nenshi believes many Calgarians see the need for a new arena, but aren’t willing to write a blank cheque for one.

“Public money must have public benefit,” the mayor said. “Does the city literally get every dollar back that it puts in over time?

“Is a proposed new facility having benefit to those who don’t have to buy a ticket to go there? Is there a general economic development benefit to the area from doing this?”

Meanwhile, city councillors have chipped in money to conduct a poll gauging public appetite on funding a new hockey arena.

“The poll is simply saying, ‘what do you believe should happen with public funds for an arena regardless of location, regardless of who is involved and regardless of what it’s about,” Coun. Shane Keating explained.

Story continues below advertisement

“‘Under what circumstances do you believe public funds should be invested into a new arena?'”

-With a file from Gary Bobrovitz

Global News Redesign Global News Redesign
A fresh new look for Global News is here, tell us what you think
Take a Survey

Sponsored Stories