News   Apr 03, 2020
Pastel Morning
 4.8K     1 
News   Apr 02, 2020
A Message to Our Readers
 6.6K     3 
News   Apr 02, 2020
Soon to be Gone
 3.8K     0 

Urban Development and Proposals Discussion

Yesterday's announcement about the CRL and the Rivers District pretty much echoes what I said earlier about investment in this area. It sounds like everyone (city + province + business community) is 'all in'. I have to believe an agreement about a new arena is coming very soon!
 
Yeah I think the Flames have realized they were the sticking point and are negotiating behind closed doors with the city. Nothing to support this aside from the progress in the area and the new CRL.
 
Mountain Man said:
Yeah I think the Flames have realized they were the sticking point and are negotiating behind closed doors with the city. Nothing to support this aside from the progress in the area and the new CRL.
Click to expand...
The Flames walked away for sure, but the city's public positions were pretty inflexible as well. Plenty of blame on that one. The path to the deal is pretty clear - waiving the property taxes on the city offer and all the numbers work.
 
darwink said:
The Flames walked away for sure, but the city's public positions were pretty inflexible as well. Plenty of blame on that one. The path to the deal is pretty clear - waiving the property taxes on the city offer and all the numbers work.
Click to expand...

I don't know. The Flames' position was pretty over the top. I'm not sure if everyone read the Globe article that Carrie Tait around the time of the negotiations https://www.theglobeandmail.com/news/alberta/calgary-flames-owner-eyes-more-than-just-a-new-arena/article36521316/ , but the demands asked by the Flames were over the top:

- Option to buy land new the events complex
- Portion of Stampede Casino Revenue (which goes to the Calgary Stampede)
- All parking revenue from major events
- City to cover flood insurance
- City to reimburse Flames for provincial property taxes
- City to fund a gathering space for festivals adjacent to the arena
- Flames to approve any master plan to revitalize Victoria Park

A position like this, called anchoring, is intended to make outrageous demands, so that any final deal looks reasonable in comparison. Pshychologists suggest that when one negotiating party starts with such an outrageous demand, the best tactic isn't to try and bring them down from that position, but rather to simply walk away. You need to refuse to be anchored to any particular number or proposal as a basic tenant of the negotiation.
 
Not dumb, but unfortunately without inside knowledge it is difficult to say. This is just a rezoning application, no actual building designs yet. They could just be rezoning the property to align with the updated Beltine ARP, so it may be simple house keeping.
 
AccUnit said:
Well fingers crossed something legit is happening there. That site is massive. Remington is the owner right? Who knows, quarry park is about wrapped up so they could be moving back to this site.
Click to expand...
Is it there? Don't they still have a few major condo, commercial and house developments left? I hope you're right!
 
Bertie Wooster said:
Sign for Railtown land use (south of the tracks) is up. Very big site, and they’re seeking a lot of density.
Click to expand...
Remington doesn't do a lot of residential, and the stuff they've done is kind of ..... well, not very good. I hope they are planning to do a master plan of the parcel and let another developer do the residential part.
 
You must log in or register to post here.

Back
Top