EDMONTON – Edmonton’s new arena could kick off such a massive downtown building boom that one business leader is already looking for ways to quell public concerns about looming construction congestion.
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Tag Archives: arena
Council agrees to borrow $542 million for downtown Edmonton arena project
EDMONTON – Mayor Stephen Mandel complained Wednesday that downtown arena opponents are misrepresenting numbers as council approved borrowing $542 million to pay for the project.
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Coronation arena to make way for recreation centre, committee decides
EDMONTON – The city will speed up demolition of Coronation arena to make way for a planned recreation centre with an indoor cycling track.
The one-sheet rink will come down as part of construction expected to start in 2015 if funding is approved, rather than in a future second phase, council’s community services committee decided Tuesday.
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Growing with the arena
With the arena deal finally being closed, the city can expect a large number of developments popping up around downtown — specifically condos.
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Downtown developers look forward to new arena
Some downtown developers are breathing a sigh of relief following city council’s approval of a new funding deal for the downtown arena.
Many downtown developers and condo owners say proximity to the new arena was a big part of why they chose to invest in the city’s downtown.
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Staples: Why the arena deal makes sense for Edmonton
EDMONTON – After so much heated debate, after so many arguments and so many dollar figures, you might well be wondering what the downtown arena deal means for you.
Is it a good deal or a bad one? It is going to cost you or not?
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Regional arena funds in Edmonton have local officials intrigued
A move by the City of Edmonton to pay for a stalled NHL arena proposal may put the “Regional” in Medicine Hat’s planned “Regional Event Centre” to the test.
On Wednesday, the Capital Region Board, made up mostly of towns and cities surrounding Edmonton, gave an injection of life to the central, downtown arena by agreeing to back a $25-million application towards provincial grants set aside for collaborative, regional projects.
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Council could look to development levy for missing arena millions
EDMONTON – City council could look to the community revitalization levy to cover the missing $55 million needed for the proposed downtown arena project if the province doesn’t come through, some councillors say.
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Council gives tentative approval to downtown arena deal but final $55 million still missing
EDMONTON – A quiet boost in provincial infrastructure funding will pay almost half the final $100 million needed to build Edmonton’s downtown arena, but some councillors fear the city could be stuck with the remainder.
Edmonton’s share of the Municipal Sustainability Initiative (MSI) was $3 million higher than expected in the March 7 provincial budget, which would cover annual payments on a $45-million loan, city manager Simon Farbrother said Wednesday.
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Heritage Heights arena going green
New green initiatives at the Heritage Heights arena under construction east of Okotoks come with a hefty price tag and the fundraising committee is trying to raise $1.25 million to pay the bills.
The Scott Seaman Sports Rink — Heritage Heights is scheduled to open on Sept. 1, however, the Dunbow Recreation Board, which is also the rink’s community fundraising committee, has accepted a lofty new task to ensure the facility has a minimal footprint on the environment.
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