UPDATE 2/26 No more extensions in LeBreton mediation, Heritage minister says

[LadyStanley]

Garrioch: NCC and RendezVous LeBreton have reached agreement in principle for Flats development

Melnyk now has about a year to arrange for financing.

Progress

Click to read more...

 

[HSF]

yesssssssssss

 

[njdevil26]

Ohhhhhhh hello

 

[njdevil26]

 

[Very Stable Genius]

Now we see if Melnyk wants to hold the city hostage for cash like the Flames.

 

[Llama19]

 

[njdevil26]

So that puts the new arena's completion at about the start of the 2022-2023 season. 4 years seems like a long time... but hey at least it seems to be happening.

 

[tarheelhockey]

Wow, that's quite the nice looking rendering. Even though it looks more than a little bit "augmented", if you will.

 

[VikingAv]

"... in principle...", "...arrange for financing..."

Still a long ways to go. Next step: Public financing.

It's very convenient for the NHL and their owners that they have Quebec (and now Houston) to use in these hostage situations.

 

[beowulf]

Now we see if Melnyk wants to hold the city hostage for cash like the Flames.

Knowing him, he will.

 

[yukoner88]

So that puts the new arena's completion at about the start of the 2022-2023 season. 4 years seems like a long time... but hey at least it seems to be happening.

All the planning, financing, and building took almost 10 years in Edmonton, so getting it done in 4 years is a pretty solid timeline.

 

[LadyStanley]

Motivation

 

[Pilky01]

Ottawa is still the best place to see a Leafs game so I really hope this works out.

 

[TOGuy14]

Renders look like a nice rink.

Whats the talk around the financing of this thing. It is well known that Melnyk is one of the poorer owners in the league so I can't imagine that he will be paying for this on his own. Have there been whispers about his desire to get municiapl / provincial / federal funds for this thing?

 

[End on a Hinote]

Wonder whats going to happen with the CTC. It's not a very old arena at 22 years old and is one of the nicer ones. It would be a shame to tear it down.

 

[Rob]

"... in principle...", "...arrange for financing..."

Still a long ways to go. Next step: Public financing.

It's very convenient for the NHL and their owners that they have Quebec (and now Houston) to use in these hostage situations.

Yep. Still a long way to go.

 

[mesamonster]

If the fast track in Ottawa is still 4-5 years how long will it take the Coyotes to get an arena approved and built?

 

[BKIslandersFan]

Wonder whats going to happen with the CTC. It's not a very old arena at 22 years old and is one of the nicer ones. It would be a shame to tear it down.

Didn't stop them from knocking down Georgia Dome.

 

[StreetHawk]

Didn't stop them from knocking down Georgia Dome.

ATL is a weird city. They also knocked down Turner Field, which was the Olympic Stadium used for Track back in 1996. 20 years and it got ripped down.

Phillips Arena got a massive reno less than 20 years into its existence.

CTC and GSRA are both fine arenas. Just that their location sucks. If you could pick it up and move it, they would both be fine arenas for another 20 years.

I personally hate the attitude of the NHL when it comes to arenas. They are huge capital expenditures and they seem to think that cities are more than happy to dump hundreds of millions of tax dollars to fund them every 2 decades. Business 101 is location, location, location.

Firestone wanted to have some major development around the CTC in Kanata. But, honestly, I recall Burke back when he was the assistant to Quinn in Vancouver and he said that the Canucks wanted a downtown arena because that's where people worked. So, makes it easier for the majority of fans to get off work at 5pm, grab a bite to eat, then head to the arena.

 

[Rhaegar Targaryen]

The NCC made it clear that everything built on this land would be financed by the group awarded, and not taxpayers money. We'll see if Melnyk still fights for it, though.

 

[lifelonghockeyfan]

If the fast track in Ottawa is still 4-5 years how long will it take the Coyotes to get an arena approved and built?

When the new Ottawa is build in five years, and the Coyotes are still in Glendale without a new arena, the Coyotes will transfer their team to 27 year old arena in Kanata.

 

[Glacial]

If the fast track in Ottawa is still 4-5 years how long will it take the Coyotes to get an arena approved and built?

Oh, probably in 4-5 years, Neptunian years.

 

[coladin]

Knowing him, he will.

Let's hope for some reasonable people on all sides. I think everyone has something to gain from cooperation and mediation.

 

[branch]

Ottawa is still the best place to see a Leafs game so I really hope this works out.

Won't be for too much longer. All the trash people who failed to adopt the Senators in order to keep in line with the legacy of their family's fandom are all located in the suburbs. Downtown core is mostly young yuppies who are Senators fans.

 

[LeHab]

Egan: 621 days later, NCC handed LeBreton developers 48-hour deadline to sign arena deal