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Originally Posted by lrt's friend
With the current economy, who in their right mind would come up with the money to build a second NHL calibre arena in Ottawa? I cannot see a business plan that could possibly support this. The only situation where I could see this happening is when Scotia Bank Place is booked most days of the year.
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Ottawa is a Capital city with a lot of tourist-oriented amenities in the downtown core and regional area. Now that the Ottawa Convention Centre has made its mark as "Canada's Meeting Place", what's to prevent Ottawa from building up on this momentum with an arena/casino structure to accomodate large crowds for high level conventions and high-class entertainment?
The Ottawa area is presently said to be the fastest growing area in Canada. It's population is 1.2 million with 300,000 in Gatineau and 100,000 in Orléans. The central cores of Ottawa and Gatineau are getting denser with many tall condo buildings being built in both cities.
The LeBreton-Bayview district is within walking distance from the entire central urban area which includes government, hotel, business and condo buildings, including the Convention Centre, the Westin Hotel and the Rideau Centre on the east side of the Rideau Canal and its locks.
The NCC has been promoting Confederation Boulevard, the Museum of Civilisation and the Art Gallery for decades and the Chaudiere Falls beside the War Museum are just begging to be developed into a world-class tourist site second only to the Niagara Falls.
To top all of this, the LeBreton-Bayview district is at the intersection of the O-Train and the Transitway, planned to be converted to LRT. The federal government is contributing a third of the cost of the LRT. To get value-for-money on its investment, it should want guaranteed high use of the planned underground transit line. That means usage of the tunnel 24/7, not just to go to work in the morning and back home at night.
We could go on and on....how much material do you need for a business plan?
As for the "current economy" argument, that's very debatable fiscal matter!
Common sense and political savvy say that the time to spend and invest is when the economy is slipping down. Harper knew that two years ago when everybody and his brother were buying and hiring to fix up and renovate their homes to get tax credits. That's why OSEG is going ahead with Lansdowne Park with few retail and office tenants in sight. Bill Shenkman's grandfather, Wolfe, was investing in building apartment buildings in Centretown during the Great Depression.
Ottawa needs to bring life back to an area that was the cradle of its very existence. No lumber industry, no Capital City. An arena combined with a casino with rapid transit at LeBreton/Bayview should flourish and NHL hockey would then follow and come back to its home turf.