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  #21  
Old Posted Sep 25, 2019, 5:37 PM
statbass statbass is offline
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City, Growlers Reach Agreement in Principle for 10-Year Mile One Lease Extension

Looks like an agreement has been reached between the city and Growlers/Edge.

VOCM
Sept 25, 2019

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It appeared a couple of weeks ago as if talks involving the Growlers and the Edge were going off the rails but the parties got back to the table and at one point this week were “close” to an agreement. They have since finalized a 10-year agreement with the Growlers and the Edge.

Mayor Danny Breen and the councilor responsible for St. John’s Sports and Entertainment, Sandy Hickman, are speaking to the media at 2:30 this afternoon. Growlers President and CEO Dean MacDonald will also be there.

...
https://vocm.com/2019/09/25/mile-one-update/
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  #22  
Old Posted Sep 25, 2019, 6:29 PM
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10-year lease deal reached between City of St. John's, Growlers and Edge



The City of St. John's has reached a 10-year lease agreement in principle with the Newfoundland Growlers hockey team and St. John's Edge basketball team to use Mile One Centre.

The 10-year deal between St. John's Sports and Entertainment and the two professional sports teams was announced Wednesday afternoon.

"That culminates a long negotiation process in which we worked very hard," Mayor Danny Breen said Wednesday afternoon.

"The details are still being worked out.… It's an agreement in principle right now," he added, saying it took a long time because there are a lot of people at the table and they wanted to get it right.

Source: https://www.cbc.ca/news/canada/newfo...deal-1.5293756
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  #23  
Old Posted Sep 25, 2019, 11:44 PM
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They got it done, nice!
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  #24  
Old Posted Sep 17, 2020, 11:18 PM
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  #25  
Old Posted Sep 18, 2020, 12:28 AM
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uhhh...what's this?
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  #26  
Old Posted Sep 18, 2020, 2:05 AM
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So is this what dean MacDonald has planned for Mime One or just someone’s pipe dream?


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  #27  
Old Posted Sep 18, 2020, 11:27 AM
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So is this what dean MacDonald has planned for Mime One or just someone’s pipe dream?
This is probably what Dean MacDonald will insist the city pay for prior to them selling him the building for $1.
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  #28  
Old Posted Sep 18, 2020, 12:05 PM
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Selling Mile One to Dean for $1 sounds like a good deal for the City considering what it is costing in subsidies every year. This looks like a very nice upgrade.
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  #29  
Old Posted Sep 18, 2020, 1:13 PM
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Seems like Dean Mac wants to purchase Mile One (we already knew that) and invest in appx. 25 million in upgrades.

Getting Mile One off the city teat would be nice. As long as MacDonald has a good plan for managing non-sporting events.
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  #30  
Old Posted Sep 18, 2020, 1:18 PM
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My guess is he'll "promise" to do this upgrade if he is basically given the building.

Nice upgrade although it looks like the skywalk to the convention center is gone.
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  #31  
Old Posted Sep 18, 2020, 1:40 PM
ec1983 ec1983 is offline
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My guess is he'll "promise" to do this upgrade if he is basically given the building.

Nice upgrade although it looks like the skywalk to the convention center is gone.
I think it would be required that the skywalk be kept in place. I'm pretty sure the blue zone parking for arena is located in the Convention Centre parking area. Obviously, they could add blue zones but this looks like it will take up most of the surrounding area.
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  #32  
Old Posted Sep 24, 2020, 9:16 PM
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Council Statement: Mile One Centre Privatization

Council Statement: Mile One Centre Privatization

Businessman Dean MacDonald is floating the idea in the local media that he would be interested in purchasing Mile One. MacDonald has stated that private ownership could offer a lot of improvements to the facility.

While concepts for a redesign of the facility have attracted some positive feedback from the public and some residents on social media have supported the idea of privatizing the facility, it is important to understand the process that would be required should the City and St. John’s Sports and Entertainment consider a privatized model for the facility. A study prepared in 2019 on the possibility of third-party management for Mile One brought to light some key considerations if we were to consider selling the facility:

The consultants could find no examples of any municipally-owned medium or large-capacity arena having been sold or leased, long-term, in Canada.
There are a lot of risks with selling a public asset, especially loss of control. For example, new owners could potentially change the use of that facility, leaving the City without a large sports and entertainment venue.
Although the operation of Mile One is not without cost, there are economic benefits of having a facility like this in our community. Hotels, restaurants, bars and retail stores benefit from an active sports and entertainment facility.
Owning Mile One allows the City to bid on national events like the Brier, for example. If we were to privatize, we would have to consider how we would attract those events and what kind of offers we could make to potential renters, given that we would no longer control the main facility.
None of these factors prevent us from considering privatization, however, it is clear that the public would like for the City and SJSE to present a definitive answer on this matter. So, we have currently hired the same consultant who completed the third-party management report to quickly provide advice for us on the sale/ privatization model. Here are some factors that we know will weigh into this decision:

If we decide to explore privatization, we will need to have a competitive process. If we were to engage now with one potential owner, we could unfairly disadvantage a competitive bidding process. So, we will not be meeting with Mr. MacDonald or any other potential owner for Mile One.
Although some people like the idea of privatization, not every resident or industry stakeholder would support this, so a public consultation process would be required.
We will share the results of the consultant’s report this fall and ensure the public are aware and engaged in any consideration of selling this public asset. The Board of St. John’s Sports and Entertainment and Council wish to assure residents of the City that any decision to sell Mile One will only be made with the best interests of residents in mind and using proper due diligence, including the retention of professional advice and a thorough examination of the many relevant factors impacting such a decision.

The mandate of SJSEL is to operate exceptional facilities that provide value to citizens, businesses and visitors by attracting events and activities that generate economic benefit and enhance community vibrancy. It should be stated that both the Board and the City have confidence in all employees of SJSEL and their ability to deliver on this mandate.

Councillor Jamie Korab
Chair, SJSEL

SOURCE: http://www.stjohns.ca/media-release/...-privatization
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  #33  
Old Posted Sep 25, 2020, 2:07 AM
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Originally Posted by djslue View Post
The consultants could find no examples of any municipally-owned medium or large-capacity arena having been sold or leased, long-term, in Canada.
Saint John has been looking at something similar for Harbour Station given recent municipal budget issues. Can't say i'm a big fan of the idea of selling off/letting go of public assets when looking for revenues. It's a short term boost for long-term pain, at least IMO.
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  #34  
Old Posted Sep 25, 2020, 12:10 PM
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Saint John has been looking at something similar for Harbour Station given recent municipal budget issues. Can't say i'm a big fan of the idea of selling off/letting go of public assets when looking for revenues. It's a short term boost for long-term pain, at least IMO.
Putting the fact that it was created with taxpayer money aside for a minute;
I would want some guarantee that should the owner mothball it for business reasons, the city has an avenue to stage events there in order to keep downtown spinoff alive.
The worst scenario is that the city sells it for short term gain, and then it's closed down as not feasible.

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  #35  
Old Posted Sep 25, 2020, 1:45 PM
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Any sale would need to come with some agreement or partnership which would still allow the city the ability to work to bring some events to Mile One (things like the Brier as mentioned in the letter from Korab).

The city and SJSE have not done a great job managing Mile One or bringing in shows/events that people get excited about. For MacDonald that would eat into his bottom line pretty hard, so he could be more incentivized to fill the arena as much as possible. Plus if the arena sits empty the tax payer doesn't have to foot the bill.
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  #36  
Old Posted Oct 15, 2020, 7:47 PM
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  #37  
Old Posted Mar 2, 2021, 4:10 PM
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I guess we will be waiting awhile longer to find out the fate of Mile One. I skimmed over the report and didn't really see any compelling reason why the City can't off load it. A few infrastructure things that I'm sure can be worked out if there is a willingness to do so and as for jobs, there appears to be significant measures that will go a long way to protecting those currently employed, at least in the short term. Financially it seems like a no brainer.

How much longer will Mr. MacDonald be willing to go along with all these delays before he just backs off or goes it alone?
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  #38  
Old Posted Jul 15, 2021, 6:58 PM
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Welp looks like the city has decided against it. They've pulled the plug on the Edge and have an agreement with someone else to bring in a basketball team from an American league.

That'll end well for them. That team will relocate in 3 years max and I guarantee Dean is pulling the Growlers out of Mile One.

When Mile One sits empty again and we're paying for it, be sure to let council know how fucking stupid they are.
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  #39  
Old Posted Jul 15, 2021, 8:35 PM
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Originally Posted by Marty_Mcfly View Post
Welp looks like the city has decided against it. They've pulled the plug on the Edge and have an agreement with someone else to bring in a basketball team from an American league.

That'll end well for them. That team will relocate in 3 years max and I guarantee Dean is pulling the Growlers out of Mile One.

When Mile One sits empty again and we're paying for it, be sure to let council know how fucking stupid they are.
Hmm.. new facility in Dannyland?

Ron.
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  #40  
Old Posted Jul 17, 2021, 4:47 PM
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Originally Posted by Marty_Mcfly View Post
Welp looks like the city has decided against it. They've pulled the plug on the Edge and have an agreement with someone else to bring in a basketball team from an American league.

That'll end well for them. That team will relocate in 3 years max and I guarantee Dean is pulling the Growlers out of Mile One.

When Mile One sits empty again and we're paying for it, be sure to let council know how fucking stupid they are.
Does the city have some issue with Dean MacDonald? I mean I think the idea of all the alterations to Mile One seems a bit over the top, but I like the ambition and planning. It's great to see someone want to do something positive.

What does the city do; goes and gives him the equivilant of the middle finger.

I certainly would move my teams to other venues as well.

Other than the fact that the city built Mile One and the Convention Centre what is it that we are missing here about possibly selling it?
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