Scotia Place | 36.85m | 11s | CSEC | HOK

Do you support the proposal for the new arena?

  • Yes

    Votes: 102 67.5%
  • No

    Votes: 39 25.8%
  • Maybe

    Votes: 10 6.6%

  • Total voters
    151
i feel depress
I feel that maybe they were still trying to fit the practice rink in -- shrink the spectator seating from 1,000 at Rogers place to the 300 at little ceasars or even less-- or even dump the concept and the budget would start to look more realistic. (the $550 million approved amount was not an estimate, it was at best a guesstimate-something that any of us could have made).
 
I feel that maybe they were still trying to fit the practice rink in -- shrink the spectator seating from 1,000 at Rogers place to the 300 at little ceasars or even less-- or even dump the concept and the budget would start to look more realistic. (the $550 million approved amount was not an estimate, it was at best a guesstimate-something that any of us could have made).
With a project of this scale, I'd expect ~15% over. Pretty standard, but still about $83M.
 
The number I heard in April May was $70 million, by last week, $10 million, and now close to $0. Hopefully it turns out fine.
Wrote too soon:
  • CMLC out (this was a vote which required 10 votes)
  • Up to $12.5 million overrun (public share of $25 million) contemplated

 

Back
Top