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 Re: Flames arena [message #822181 is a reply to message #822035 ]
Wed, 26 April 2023 08:24 Go to previous messageGo to previous message
RDOilerfan  is currently offline RDOilerfan
Messages: 3736
Registered: January 2016

3 Cups

I don't agree when people say that public money shouldn't be involved with an arena. A City is only as good as it's facilities. It's a CITY FACILITY. You can't have facilities that are falling apart.

The whole "paying for billionaires and millionaires" is such a ridiculous take and to me shows a lack of intelligence by the people that say it. The NHL team is just the lead tenant but that rink will be used by all kinds of concerts that currently don't go to to Calgary. Rodeo's, curling, wrestling, UFC, trade shows, non hockey staking events, etc. All things that will use that arena. All things that bring HUGE amounts of money to the City and surrounding businesses. All things and inevitably bring tax dollars back to the City and the citizens.

So even if a person NEVER goes to a single Flames game or even an event in that new rink ever, they will get a economic benefit from that rink. Nothing is free in the world, so if the City and the citizens of Calgary are going to get an economic benefit from a new arena, which they will, they should have skin in the game.

To further my point. In the breakdown of the costs.

An arena (event centre), priced at $800 million.
A parking structure, priced at $35.4 million.
An enclosed plaza, priced at $9.5 million. - Should be City cost as this is a public space, not a team space.
On-site public realm improvements, priced at $28.7 million. - Should be City costs. Public related improvements.
A community rink, priced at $52.8 million. - Will the team use it? Sure but it's a community rink so that means other teams (minor hockey, public skate, etc) not related to the NHL team will use it. It will be used by other things not related to the team. The NHL team can operate just fine with out a public rink.
Transportation improvements, infrastructure and other district benefits, priced at $238.4 million - All City related. Transportation and infrastructure is part of a City's JOB to maintain and improve. That's part of what people's taxes go towards. To maintain and improve the City's existing infrastructure and build new infrastructure when the old stuff doesn't function or meet the City's need anymore. I know, that's what I do for a living. City's just like to try to tack on costs for road and underground improvements to private development to get stuff for free.
Other costs, priced at $58.8 million.

So if you add it all up, 329.4 mill of the project is straight up City costs because it's all stuff they should be doing to maintain and improve the lives of their citizens. That's not putting a single dime into the actual arena yet.

[Updated on: Wed, 26 April 2023 08:56]


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