The owners of the Calgary Flames have released details of a US$900m plan to build a new home venue for both the Flames and the Stampeders football team.
A new 20,000-seat arena would replace the Scotiabank Saddledome where the NHL Flames currently play. The project, CalgaryNEXT, also includes plans for a 30,000-seat indoor football stadium for the CFL Stampeders.
They would be built on the western edge of Calgary’s downtown along the Bow River.
Funding will come from a US$250-million ticket tax, a US$240-million community revitalization levy, US$200 million from team ownership and US$200 million from city taxpayers.
The project remains, however, at the concept stage, with Calgary mayor Naheed Nenshi refusing to go beyond comments that the proposal was “intriguing,” according to SportsNet.
August 20, 2015