Posted Apr 5, 2017, 1:40 AM
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Registered User
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Join Date: Jun 2006
Location: Calgary, AB
Posts: 25,138
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Quote:
Originally Posted by PPAR
So in the Next proposal, do the Flames own the land? If they do, it seems to me that they will take credit from the public purse for remediation of the property, build the project, and in 40 years when the arena is at end of life, Calgary has 2.5M people and is possibly in the midst of another boom, they will cash out of a hugely valuable land investment...
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The city would own the development and the land, CSEC just gets to keep pretty much all the revenue lol
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