Quote:
Originally Posted by The mayor
https://www.facebook.com/share/p/1bZEMFMtWc/?mibextid=wwXIfr
Here are the renderings Brandt will be presenting to city council this Wednesday of their vision to buy for $6.5M and renovate (minimum $15M) the Brandt Centre into a world-class event complex.
The Brandt Centre will feature a new parking lot, new access from Sask Drive, new exterior, new digital signage, new sound system, new digital power ring, upgraded interior, new seat options, and more. All this in addition to the premier sports bar and distillery adjoining the Brandt centre which is currently under construction.
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I thought this building was end of life? How could $15M in this construction environment be anything more than lipstick on a pig? If the Brandt Centre can be rejuvenated for $15M, even that means only 7-10 more years of use, then this civic asset should absolutely not be sold for nothing. This council appears to have no interest in anything beyond infrastructure, and no vision for making Regina a better city long term.
I'd love to think that this wasn't just a land grab at a very opportune time, but the only other development this group has done was an attempt to build a building no one wanted in Wascana park. There's no track record of positive urban development and I am not aware of public assets like this being transferred to a private company, in which tax players didn't pay for it in subsidies and tax breaks.