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New Arena deal agreed to by city and Katz group:mod warning #616

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Old
01-23-2013, 04:24 PM
  #1
s7ark
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New Arena deal agreed to by city and Katz group:mod warning #616

http://www.edmontonjournal.com/sport...481/story.html

Old thread passed 1000, continue here.

Some posts from the last thread.

Quote:
Originally Posted by molsonmuscle360 View Post
Awesome. Be nice for Edmonton to finally have something that's really high end and classy.
Quote:
Originally Posted by Booya42 View Post
Lol...great tweet:

2:33 PMAdMan0828 @AdMan0828That sound you hear is the tinkling of frozen #yegarena hater tears hitting the ground as they watch their fake importance evaporate.
Quote:
Originally Posted by Puritania View Post
Well played.
Quote:
Originally Posted by Billybaroo View Post
Kinda stupid, juvenile & pretty dismissive.
Whatever floats your boat though.
Quote:
Originally Posted by 402 View Post
I'm looking forward to this whole arena thing being done, great day with regards to that.
Quote:
Originally Posted by fysloc View Post
I can see people picking apart Mandels closing speech for the "who cares if Daryl Katz makes a bucketload of money, infact let him, this isn't about him or the oilers, its about the City of Edmonton", then ignore the second half of the sentence.
Quote:
Originally Posted by jsho View Post
And also outrageous, egregious, and preposterous.

Quote:
Originally Posted by Wretched Oil View Post
I"m haappy!



I worry too much about money, and am looking to stop that.

In the grand scheme of my life, I won't dwell on the tax dollars, but I'll remember the building.
Quote:
Originally Posted by PigeonCamera View Post


I laugh every time this is used.
Quote:
Originally Posted by Blue And Orange View Post
Knowing that the Oilers are staying in Edmonton for eternity and that the city will get a brand new spanking arena floats my boat very much.
Quote:
Originally Posted by Puritania View Post
Sad news today for Grandmothers all over Edmonton.

#neverforget
Quote:
Originally Posted by PigeonCamera View Post
This swiss army knife is pretty damned expensive, but nothing, and I mean nothing, is better for buttering bread.

I drive down 104th every day too...hell, this will likely eff up my parking, and I'm still all for it...it will be a really nice addition to the downtown core.
Quote:
Originally Posted by Mr.Prez View Post
just got this e-mail at work

Today Council approved a new framework to build a $480 million downtown arena that will become the new home of the Edmonton Oilers. This agreement between the City of Edmonton and the Katz Group comes after many months of negotiations and design work. A new downtown arena is a critical step forward for our plans to revitalize the heart of our city.
The arena and entertainment district is one of a series of catalyst projects outlined in the Capital City Downtown Plan. A strong downtown is a vital part of a dynamic city and today Edmonton took a huge step in the right direction.
You can read the full news release at http://www.edmonton.ca/city_governme...new-arena.aspx and learn more about the deal at www.edmonton.ca/downtownarena
I would like to extend my appreciation to all staff who have contributed many hours working collectively and collaboratively to advance this project. This project, involving staff from all Departments, is a great example of a One City approach.

Simon

Yes I work at the City in Planning and I'm partially involved with the arena... that's why I'm not posting in this thread (other than this particular post)
Quote:
Originally Posted by Blue And Orange View Post
I am truly excited for the city and citizens of Edmonton with this new arena. Sure it's pricey but it will be worth it. It will bring life and vibrancy to an otherwise dead downtown. This is the first step towards making Edmonton a better city.
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Originally Posted by PigeonCamera View Post
This, sir, smacks of logic, and therefore will be disregarded presently.
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Originally Posted by Booya42 View Post
Well played in return sir...well played.

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Old
01-23-2013, 04:27 PM
  #2
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Awesome stuff!

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Old
01-23-2013, 04:28 PM
  #3
s7ark
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I am very happy this has happened. Now I want them to officially sign something so we don't have any more surprises.

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Old
01-23-2013, 04:30 PM
  #4
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I'm getting drunk off the tears of haters.

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Old
01-23-2013, 04:32 PM
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From the Edmonton Journal article:

http://www.edmontonjournal.com/sport...481/story.html


Several Oilers players, who lost 6-3 to San Jose Sharks Tuesday night, watched the discussion from the front row of the council chamber, where they were teased by Mayor Stephen Mandel.

“This is a punishment. Don’t ever allow six goals in the first period, otherwise you have to come and sit here again.”




So yeah basically all's well that ends well. I always was pretty confident both the new CBA and the new arena would get done, probably pretty close to each other no matter how bleak things looked maybe six months ago.

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Old
01-23-2013, 04:36 PM
  #6
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I like Option A, because the plaza view looks like a giant Cylon head with a blue visor.

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Old
01-23-2013, 04:37 PM
  #7
402
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Good news we aren't moving to Seattle for a long time
Great to have this done and to have secured 35 years of Edmonton Oilers

@JasonGregor: "There is a location agreement signed by Oilers and the NHL to keep Oilers in Edmonton for life of the arena lease, 35 years." Laforge. #nhl

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Old
01-23-2013, 04:40 PM
  #8
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I like that the NHL signed it. So if Katz has to sell someday, it won't matter as much.

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Old
01-23-2013, 04:46 PM
  #9
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Quote:
Originally Posted by Soundwave View Post
From the Edmonton Journal article:

http://www.edmontonjournal.com/sport...481/story.html


Several Oilers players, who lost 6-3 to San Jose Sharks Tuesday night, watched the discussion from the front row of the council chamber, where they were teased by Mayor Stephen Mandel.

“This is a punishment. Don’t ever allow six goals in the first period, otherwise you have to come and sit here again.”




So yeah basically all's well that ends well. I always was pretty confident both the new CBA and the new arena would get done, probably pretty close to each other no matter how bleak things looked maybe six months ago.


Yeah, I loved that. Mandel was in fine form today.

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Old
01-23-2013, 05:07 PM
  #10
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I am planning on buying a condo downtown......do you think this arena will increase the price of the condos in the next couple years?

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Old
01-23-2013, 05:11 PM
  #11
Niet
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Hopefully this doesn't go off the rails again

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Old
01-23-2013, 05:13 PM
  #12
Gord
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I was pretty sure there was dancing in the streets last fall with an "agreement"

so what's the difference between this agreement and the agreement they had last year?

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01-23-2013, 05:19 PM
  #13
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Quote:
Originally Posted by Gord View Post
I was pretty sure there was dancing in the streets last fall with an "agreement"

so what's the difference between this agreement and the agreement they had last year?
It's basically the same with an extra $30 million (split by the city and Katz Group).

Katz set the construction back by about six months with his money grab (annual $6 million subsidy) last fall. Construction was scheduled to start this spring originally but now won't start until August/September.

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Old
01-23-2013, 05:31 PM
  #14
Gord
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Quote:
Originally Posted by cyril View Post
It's basically the same with an extra $30 million (split by the city and Katz Group).

Katz set the construction back by about six months with his money grab (annual $6 million subsidy) last fall. Construction was scheduled to start this spring originally but now won't start until August/September.
so no use getting excited about this agreement either then, at this point.

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Old
01-23-2013, 05:33 PM
  #15
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I won't be dancing until I see shovels in the ground

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Old
01-23-2013, 05:37 PM
  #16
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Awesome news.

Seattle my ***, I hope that city never gets a NHL team.


Thank you Gary!

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Old
01-23-2013, 05:38 PM
  #17
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Quote:
Originally Posted by Gord View Post
so no use getting excited about this agreement either then, at this point.
I think this time is a lot more solid though, they actually have the master agreement signed, and the actual dollar values are assigned to Katz and the City. For instance, a lot of people assumed the city was paying the full price on the Wintergarden, however Katz is paying $28 million on it and the city 25.

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Old
01-23-2013, 05:49 PM
  #18
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Quote:
Originally Posted by molsonmuscle360 View Post
I think this time is a lot more solid though, they actually have the master agreement signed, and the actual dollar values are assigned to Katz and the City. For instance, a lot of people assumed the city was paying the full price on the Wintergarden, however Katz is paying $28 million on it and the city 25.
thats very good news, then.

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Old
01-23-2013, 06:06 PM
  #19
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I hope its the best arena in the NHL. Edmonton deserves a nice toy!

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Old
01-23-2013, 06:15 PM
  #20
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I'm happy that it is finally done.

And to the posters that are complaining about the pedway thing...just wondering if you've ever worked downtown. The pedway system facilitates travel to and from a lot of different business...especially in the cold winter months. It is definitely a needed addition for the multitude of businesses that will be opening in and around the new venue.

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Old
01-23-2013, 07:25 PM
  #21
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Place is going to be spectacular. Katz will have his own private elevator to his suite, nice underground heated parking for players will help as well. Dressing room will be GIGANTIC.

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Old
01-23-2013, 07:27 PM
  #22
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Very glad they picked Option A.

Option A looks more iconic. Edmonton needs an iconic structure in downtown.

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Old
01-23-2013, 07:33 PM
  #23
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Well, I know who I'm not voting for next election.

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01-23-2013, 07:34 PM
  #24
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Quote:
Originally Posted by The Last Dynasty View Post
I won't be dancing until I see shovels in the ground
And the missing $107M from the province, allotment fund, lottery, casino, or whatnot shows up.

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Old
01-23-2013, 07:45 PM
  #25
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Quote:
Originally Posted by Blue And Orange View Post
Very glad they picked Option A.

Option A looks more iconic. Edmonton needs an iconic structure in downtown.
It's funny though, there are things about option B I like better though. For example, not having that tower immediately to the left of the plaza.

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