Will a new event centre improve Calgary’s tourism, concerts?
Global News
“The best way to describe this, this opportunity is holistically because it's beyond just being an arena,” Calgary Chamber CEO Deborah Yedlin said.
Calgary’s business and tourism community is bullish on the new event centre deal announced on Tuesday.
But there are questions whether a new arena will bring in bigger concerts.
The $1.22 billion agreement in principle would go towards a replacement to the aging Saddledome, a community arena, area infrastructure development and public space improvements.
“The best way to describe this, this opportunity is holistically because it’s beyond just being an arena,” Calgary Chamber CEO Deborah Yedlin said.
“It’s going to spur a lot of development because of the way the land parcels are being put together. It’ll spur development, it’ll add other amenities to the area. We’ll see hotels, restaurants and residential developments.
“And that’s also really important for the BMO Centre because we know we don’t have enough hotel rooms as it is for the BMO Centre.”
The BMO Centre expansion on the nearby Stampede grounds is expected to be completed next year.
The combination of the bigger BMO Centre, an event centre, and hotels and restaurants that are expected to pop up in the area could bring other, larger events to the Rivers District.
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