RIVERSIDE REVITALIZED Proponents of the proposed CalgaryNEXT development — which includes a new hockey arena and covered football stadium — say it will revitalize a neglected part of the city’s downtown core, and connect communities along the Bow River. -artist rendering courtesy Calgary Sports and Entertainment Corporation
the wage increase will improve the quality of life for many families and decrease dependency on social support programs and food banks. -Caitlin Crawshaw
Saddledome and McMahon Stadium. CSEC says the project could be funded through a $240-million community revitalization levy, a $250-million ticket tax, and contributions of $200 million each from the city and the Flames’ ownership group. Calgary’s Mayor Naheed Nenshi said the proposal was intriguing, but added that there are challenges to overcome. These include remediation of the proposed West Village site. Much of the land was contaminated decades ago by a creosote plant and still needs to be cleaned up. The price tag for CalgaryNEXT doesn’t include remediation, which could hit
THE NEXT BIG THING FOR CALGARY
The Calgary Sports and Entertainment Corporation (CSEC) has unveiled a bold vision for a new hockey arena, a covered football stadium and a multi-sport field house in the city’s West Village. CalgaryNEXT, as it’s been dubbed, would cost an estimated $890 million and would replace Scotiabank
$300 million. -Corinne Lutter
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FALL 2015 PEG | 13
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