New illustrations of the Event Centre/ Arena

You realize the building and land belongs to the city right?

Cool a massively expensive building that is a giant black hole of costs without an anchor tenant, without the benefit of incremental property tax! Thanks for bringing up that genius point.

At least since the city owns the arena they get the naming rights, right? WRONG.

The city only gets to keep $250k/year for the first 10 years. For reference, the Maple Leafs sold the naming rights to the Scotiabank Arena for a whopping $800M for 20 years. More than the cost of the whole project in Calgary.

City council decided to only keep $2.5M of this future revenue stream. You realize the building and land belongs to the city right?

Also, after the deal is up the city is on the hook for maintenance again... you know when the arena is old as fuck again and actually needs it.

It’s more like CSEC is heavily subsidizing a new city facility than the other way around.

LMAO

But hey, why ruin the narrative which provokes outrage with the truth?

The truth is you have less than no idea what you are talking about.

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