Edmonton Oilers owner Daryl Katz brings in the arena giant to map out a game plan for a future arena.The Katz Group of companies has engaged AEG Development and AEG Facilities to advise on all aspects of the development of a new entertainment and sports district in downtown Edmonton, Alberta, Canada.
AEG Development and AEG Facilities are divisions of AEG.
"AEG is an ideal partner to help us make a new downtown entertainment and sports district a reality for Edmonton," said Daryl Katz, Chairman of the Katz Group. "They have had great success developing and operating world-class sports and entertainment-based urban revitalization projects. Their experience, relationships and end-to-end development capabilities will be a benefit to the project and the broader community."
AEG will work closely with Katz Group to further define the project's scope, programming and development team, and will provide ongoing project management and oversight. AEG's capabilities include all phases of the development process, including planning, feasibility analysis, entitlements, design, leasing, construction and facility operations.
"We recognize Edmonton's potential and believe very strongly in the opportunity for a new arena to serve as the cornerstone of a major downtown entertainment district and a revitalized urban core," said Ted Tanner, Executive Vice President, AEG Worldwide. "We look forward to working closely with the Katz Group, the City of Edmonton and all of the many other stakeholders whose support and involvement will be critical to the success of this very exciting initiative."
"This new Edmonton project is destined to not only become one of the world's most unique sports and entertainment destinations but one of the premier projects to revitalize a capitol market's downtown district," said Bob Newman, AEG Facilities Chief Operating Officer. "We are honored to have the opportunity to combine the resources and experience of our organization with the assets brought to this project by the Katz Group and all local community stakeholders to create this groundbreaking development. On behalf of AEG, we appreciate your confidence in selecting our company and, 'we won't let you down'."
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