Quote:
Originally Posted by WhipperSnapper
I wouldn't call it ambitious. I would call it crazy. Both cities have good bones but, there's alot they could do for less monetary incentives to be more attractive than going the sports and convention center route. One is so overvalued right now and the other is overbuilt.
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There has to be some discussion of financing and it depends on contributions from levels of government or tenants.
I don't know all the details for the Saskatoon project but the $1B seems to be for the mixed-use development, not $1B for a sports building. Also worth noting that you increasingly see "sticker prices" which include long-term operating expenses (for say a 30 year period). Nothing wrong with that but it needs to be thought of differently and isn't comparable to capital spending numbers alone.