Tentative Deal Made to Replace Calgary's 36-Year-Old Arena: Report

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A general view of the exterior of the Scotiabank Saddledome as fans arrive prior to an NHL game between the Calgary Flames and the Boston Bruins on Oct. 17, 2018 in Calgary, Alberta, Canada. 

TORONTO -- The city of Calgary, Alberta is expected to get the go-ahead for a new arena to replace its aging Scotiabank Saddledome.

The venue, owned by the city and managed by the Calgary Flames, opened in 1983 and is currently the third-oldest building in the NHL, with a capacity of 19,000 for hockey and 13,000 for concerts.

Few upgrades have been made in recent years as franchise owner Calgary Sports and Entertainment consults with the city about an updated home. 

The Calgary Herald reports that a tentative deal has been reached and “city council members will discuss the proposed agreement at 3:45 p.m. Monday [July 22] behind closed doors."  The new 18,000-capacity venue -- to include a retail space, community rink, and 40,000 square feet of underground parking -- will cost between $550 million and $600 million [USD $420.85M to $459M], according to Calgary Municipal Land Corp. (CMLC).

In 2017, Libby Raines, vice-president of building operations at the Saddledome, told Billboard they were "actively working toward a new building for our market.”

Raines said there was a "long list" of  "elaborate" shows that couldn’t play the Saddledome because "we're not able to support the production," citing Coldplay, Bruno Mars and Rogers Waters.

Many artists still play the venue -- which has led to high Boxscore figures -- including forthcoming concerts by the Backstreet Boys, Def Leppard, Iron Maiden, Eric Church and City and Colour.

Previous proposals have been rejected by the city council. 


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