• Loading stock data...
Sunday, April 21, 2024
  • -
  • -
  • -
  • -

NHL’s Flames Finalize Plans For $890M Arena, Development Project

  • NHL team ownership completes development pact with city, province.
  • Downtown project takes influence from the Edmonton Oilers.
Perry Nelson-USA TODAY Sports

A long-planned new arena and mixed-use development for the Calgary Flames is now formally set after the team, the city of Calgary, and the province of Alberta completed a formal agreement on the $890 million project.

Set to break ground next year and with a projected opening of 2026 or 2027, the project will include a new arena of about 18,000 seats in downtown Calgary and a culture and entertainment district, including a public plaza, community ice rink, restaurants, retail, and residences.

The project will entail the replacement of the Flames’ current home, the Scotiabank Saddledome. This building, known for its iconic saddle-shaped roof and role in the 1988 Winter Olympics, has reached the age of 40 and no longer meets the current NHL standards. It will be demolished once the new arena is completed.

The city of Calgary will contribute $390 million toward the project, the province will chip in $240 million, and the Flames ownership Calgary Sports and Entertainment Corp. will pay $260 million.

Other CSEC teams will also play at the new venue, including the WHL Hitmen, AHL Wranglers, and CFL Stampeders.

The Flames will commit to the city in a 35-year lease as part of the deal.

In both financial structure and overall concept, the Flames’ project takes some influence from the team’s archrivals, the Edmonton Oilers, whose Rogers Place and ICE District now serve as a model for sports-centered urban development.

Copy Link
Link Copied
Link Copied

What to Read

Stanley Cup-Keeper Miragh Bitove is Ready to Protect the Hardware

To safeguard what may be the most-recognizable trophy in all of sports, she’s never more than an arm’s length away from the precious metal.

Utah Fans Rush for Season Tickets (for a New NHL Team With No Name)

More than 20,000 season-ticket deposits have been made for the newly relocated NHL team.
Alex Rodriguez, Anthony Towns

Timberwolves’ Playoff Start Is Clouded by a Messy Ownership Dispute

No one knows who the Timberwolves’ owner will be in the future.

Diamond Sports Group Is About to Survive Bankruptcy. Will It Matter?

The bankrupt company faces key questions relating to both programming and distribution.
podcast thumbnail mobile
Front Office Sports Today

Why Ian Rapoport Lives for the NFL Draft’s Chaos


Featured Today

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Multiple - USA Careers
Multiple - USA Careers

To Sum Up Current Commanders, Coyotes Situations: It’s Complicated

The Commanders hire a Capitol Hill insider as the team continues its stadium pursuit.
April 11, 2024

Hello, Goodbye: Coyotes’ Future in Flux As Relocation Rumors Ramp Up

The league reportedly has developed a contingency plan to move the team to Salt Lake City.
April 12, 2024

MLS Finally Gets Its Own Piece of the Big Apple

New York will finally gain a soccer-specific stadium with plans approved for a facility in Queens.

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 9, 2024

Coyotes’ Arena Options in Arizona Are Drying Up. Is Relocation Next?

Scottsdale’s mayor cites infrastructure and retail issues with the team’s proposed arena site.
April 9, 2024

Champions League Hosts Ramp Up Security Amid ISIS Threat

Cities are increasing police presence after social media posts.
April 5, 2024

A Wild Week in Stadium News for the Coyotes, A’s, Royals, and Chiefs

Venue-related developments take shape in Phoenix, Sacramento, and Kansas City.
April 4, 2024

A’s Leave Problems Behind in Oakland—But Questions Await in Sacramento

The MLB club will play for at least three seasons at a Triple A ballpark.