It’s official: Calgary signs deal with Flames and Stampede for new arena

CALGARY — A deal to build a new arena in downtown Calgary is official after definitive agreements were signed between the city, the Calgary Flames hockey organization and the Calgary Stampede.

The announcement to replace the 36-year-old Scotiabank Saddledome was made on social media by Coun. Jeff Davison.

In the agreement, the Calgary Sports and Entertainment Corporation, which owns the Flames, and the City of Calgary will equally split the cost of the $550-million facility.

The 35-year deal also keeps the Flames in Calgary for that time.

The project is part of a revitalization plan for the east side of downtown.

Construction on the 19,000-seat arena is expected to begin in 2021 just north of where the Saddledome currently sits.

This report by The Canadian Press was first published Dec. 5, 2019.

The Canadian Press

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

RDC, Olds College get $1.1. million to boost innovation, research

‘Cutting-edge’ research into clean energy, smart ag is encouraged

Red Deer’s mayor says new emergency dispatch system could imperil patient care

Delays will result from separating fire and ambulance calls, says Veer

John Horgan calls an election in British Columbia for Oct. 24

Opposition leaders question the need for an election during the pandemic

Pleasant start to autumn

Above average temperature for the week

QUIZ: A celebration of apples

September is the start of the apple harvest

Bryson DeChambeau blasts way to U.S. Open title

Bryson DeChambeau blasts way to U.S. Open title

DeChambeau carves up US Open one divot-sized slice at a time

DeChambeau carves up US Open one divot-sized slice at a time

Calgary wants to be a World Cup freestyle, snowboard hub city

Calgary wants to be a World Cup freestyle, snowboard hub city

Forge FC downs HFX Wanderers in Canadian Premier League championship game

Forge FC downs HFX Wanderers in Canadian Premier League championship game

Among multiple tournament cancellations, IIHF president puts faith in Edmonton

Among multiple tournament cancellations, IIHF president puts faith in Edmonton

Lightning the latest to learn Dallas Stars’ defence can be downright offensive

Lightning the latest to learn Dallas Stars’ defence can be downright offensive

Jets’ Connor Hellebuyck, Oilers’ Leon Draisaitl earn NHL awards

Jets’ Connor Hellebuyck, Oilers’ Leon Draisaitl earn NHL awards

Djokovic wins Rome title: ‘I moved on’ after US Open default

Djokovic wins Rome title: ‘I moved on’ after US Open default

Most Read