"In almost every single case, the public sector blinks first and ends up throwing money at a project that's not going to recoup its costs." "The issue about who should pay for it is something that goes on in every city, more or less, anytime there's an arena or stadium discussion," he said. However, sports economist Moshe Lander says it might not be such a great deal for most Calgary taxpayers. There's been a lot of work been put into this to get to where we are today," she said. Sonya Sharp, who chairs the event centre committee, says naming a third party to assist in negotiations is a big step to seeing a new arena rise from the ashes of the failed deal. "Today's news is good news, and we need to be patient with what comes following this,” she said. Mayor Jyoti Gondek is optimistic the team will be able to break the impasse between the city and CSEC. "We are at a stage where our third party is having discussions with both the Calgary Sports and Entertainment Corporation and the City of Calgary, with a view to determining whether there is interest in discussions toward a new event centre, and a new deal towards the new event centre," Dalgleish said. The City of Calgary has recruited three people from the commercial real-estate sector in an effort to get a new event centre to replace the aging Scotiabank Saddledome.ĬBRE executive vice-president John Fisher, director of strategic initiatives with NAIOP Calgary Guy Huntingford and Ayrshire Group executive chairman Phil Swift have been retained to engage both the city and the and Calgary Sports and Entertainment Corporation (CSEC) to reach a new deal.Īt Wednesday’s meeting, the city's planning and development manager Stuart Dalgleish told committee members the group has already begun their work.
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