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02-17-2013, 12:38 PM
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Originally Posted by King Woodballs View Post
Unless true north was to build a new smaller arena on that site. It couldnt happen.

From what I understand, they have an agreement with the city saying the can be the only indoor venue.

Someone in hf land must have specific details of that.
True but just outside the city, The Red River Ex announced one year a go they were
looking at building an arena, which was rumored to be about 5,000 capacity.

It was speculated that they may try to get WHL team for the arena.
Maybe True North wants to beat them to the punch to get the WHL team.

From CBC

A major $140-million development is being touted for Winnipeg's western fringe at Red River Exhibition Park.

The Red River Exhibition Association hopes the City of Winnipeg will approve plans for a new arena, hotel, theatre, restaurants and shops in the area near Assiniboia Downs racetrack just west of the Perimeter Highway.

Red River Ex CEO Garth Rogerson said the proposed facilities would not compete with the downtown Convention Centre or MTS Centre. The project would be privately funded, he said, driven by demand.

"No matter what you do to the Convention Centre, you cannot have a heavy equipment show, or an agriculture-based show," said Rogerson. "You can't have cows downtown. And yet those kinds of shows are extremely profitable for the city that brings it in."

Rogerson said he hopes to have the development plan approved by the city later this year.

"Can we compete with Regina? Of course we can. Can we compete with Saskatoon? Of course we can. There's a lot of assets within this community to sell. And we just don't have the facility to support it."

It has been reported that local developer Shindico is preparing to spend tens of millions of dollars on a massive commercial development at the western edge of the city.

Shindico's plan reportedly includes one or two hotels, a movie multiplex and restaurants on land just west of the Perimeter Highway.

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