CycloneSweep
Registered User
- Sep 27, 2017
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- 39,903
An actual ROI would look at the actual investment from the cities involved. The City of Edmonton will invest three to four times what the City of Calgary proposed when you count lease payments, LRT expenses and demolition costs.
You would expect three to four times the return. JW Marriott is a white elephant already. The condos actually in the entertainment district count towards the rink. The other condos in the area, Q and Fox were in construction, or built before the rink was approved.
Take an honest look at the return and do it without being insulting.
Okay and look at the potential in those areas in Calgary.
Victoria Park. It's not going to add anything cause it's going in the same area as the Saddledome.
West Village. The land is shit, the area isn't rest to begin with. So there would be little to no development period outside of the arena.
So outside the arena the city gets nothing, so they are not camparable.
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