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Originally Posted by trueviking
^football stadiums have minimal economic impact to local business wherever they are....even MTS, which is used 50 times more often has had only a minor impact on adjacent small business....
i dont agree about traffic being worse...CP is near some very high volume, freeway-like routes like lagimodiere, fermor, archibald and dugald....polo park is snarled on a normal saturday afternoon.
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There are examples of arenas and stadium which has a positive impact on its surrounding area.
My favorite is Columbus Ohio .. which helped restore a completely useless historical warehouse district.
The main reason MTS has thus failed to attract more economic spinoffs, beyond the thousands of people in the area before and after events, is mostly due to a lack to planning.
With that in mind stores in Portage Place and City Place has publicly stated the arena has has a positive impact.
Hopefully the Hydro Tower will help tip the scale toward more developement. There is still a massive negativity towards downtown which needs to be broken down.