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If the city contributes to an arena, can they guarantee a revenue stream while avoiding 100% ownership of a depreciating asset?
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Taking part of the revenue stream means taking part of the maintenance obligation, which unless the arena is way more productive than the current dome, would most likely be cash flow negative. It might sound better but it really isn't.
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Can they take revenue from non-sports-related events at the arena?
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Wouldn't be a good thing based on the city's experience with the dome.
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an they own and lease out street-facing CRUs
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Didn't work out well for the city with the convention centre. Edmonton deleted similar things from rogers place to save money.
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even incorporate some residential space on the corners of the lot the arena gets built on?
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trying to build ancillary facilities on the Skydome turned into quite the boondoggle, but the office works for the air canada centre. So the mileage may vary, but I doubt it makes sense trying to fit residential building services into the limited footprint of the building. Maybe N3 type towers, but not making much money there, and have to engineer the heck out of it to stop vibrations.
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I like Pennypacker's idea of incorporating a Green Line station into the block that the arena is on, as an upgrade to a transit station has benefits to all users of the service. As he said, this could contribute to a portion of the structure itself.
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Probably more expensive than keeping it distinct, but if it defrays the cost in a roundabout way, might be more palatable politically.
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Could the city gather a group of developers to help finance the project by giving tax incentives (or discounted land if city-owned) to developments on brownfield land around the arena if they help with the arena's cost, thus increasing property taxes in the area?
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The way property taxes work, this is no different than cutting a cheque from property tax revenues.