The government of Alberta, City of Calgary, and Calgary Sports and Entertainment Corporation (CSEC) – the owners of the Flames – announced Thursday that they have agreed to develop a $1.2 billion multipurpose event centre that includes an $800 million arena to replace the 40-year-old Scotiabank Saddledome. Salim Valji has more.
Alberta’s government is investing up to $330 million over five years to support the Calgary Rivers District and Event Centre and revitalize downtown Calgary.
A deal has officially been signed which will allow Calgary to move forward on construction of its new event centre – replacing the aging Saddledome with construction slated to begin next year.
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