Bryn Griffifths from Team 1260 posted on hfboards on what he was hearing about the new downtown arena:
This is what I'd heard the past two months from Oiler and City Hall
sources... now with more and more of this stuff becoming public so I'm slowly
becoming a believer that there's some movement.
-seating capacity at 18,500... that's it.
-triple the luxury boxes... 120.
-underground LRT access via the secret LRT station.
-arena to be part of the condo-office tower-mall complex on the CN Rail site,
with the developer more than likely chipping in to offset the massive cost.
-still some issue with the Post Office site however.
-current lease could be broken early but EIG would have to pay penalty to Northlands (kind of like any mortgage).
-Edmonton's current arena is 12 years older than Calgary's and their new arena pitch is still in the works and wouldn't be considered for any level of government funding for a few years yet until after the new Edmonton one gets a look.
-the Edmonton taxpayer burden would NOT be as much as you think when you consider the % of the cost being paid by the Feds, the Prov, EIG and the private sector. There's a ticket surcharge that may also be used to help offset things. Northlands may also partner up... making that lease issue a non-issue.
Some or all of this may have hit the papers already, but this is what I've been told, so you can compare notes and have some fun with it. Let's see what happens.