Quote:
Originally Posted by many
I think of the reasons why Mark Shapiro said that the Rogers Centre renovation was a temporary solution is because they don’t control 100% of the stadium and not to mention they don’t control the land Rogers Centre sits on
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From the
federal government:
Canada Lands Company (CLC) is the landlord under a long-term ground lease for the Rogers Centre, which expires in 2088.
The land on which the Rogers Centre (a baseball stadium, including a hotel) sits is under a long-term ground lease from CLC to a Province of Ontario corporation.
The province subleases [most of] the land on which the sports facility sits to the Blue Jays (Rogers) and the land on which the hotel sits to another party.
From
Lexpert:
[holders of associated and intermeshing agreements surrounding Skydome include]:
- Stadium Corporation of Ontario Ltd. (Stadco)
- The Province of Ontario
- Canada Lands Company CLC Ltd.
- Canadian National Railway Co.
- City of Toronto
- Toronto Terminals Railway Company Ltd.
- GO Transit
- Oxford Properties and Renaissance Hotels which has a hotel inside the SkyDome
Over 150 intermeshing contracts are involved in stadium operations and 200 encumbrances exist on title.
The City of Toronto is the landlord of some of the land.