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Tentative Calgary Flames Arena Deal Reached

New Calgary Arena rendering

A tentative agreement for a new Calgary Flames arena is in place, though city officials have plenty to do before a deal could be finalized.

Discussions about a replacement for the Scotiabank Saddledome have been unfolding, with the city and Flames ownership attempting to craft a plan for a new arena in Victoria Park. Those discussions have progressed to the point where there is reportedly a tentative deal in place, which will be presented to the Calgary City Council at a closed-door meeting on Monday afternoon.

While this marks progress in discussions over a new arena, neither the Flames nor the city have discussed details of a tentative agreement publicly. Additionally, any proposal would be the subject of plenty of debate, with an agreement requiring city council approval to be finalized. More from the Calgary Herald:

Negotiations between the two camps were recently described as “productive” by the chair of council’s event centre committee. Council could potentially host a public debate on the proposed agreement before elected officials break for the summer in August, Mayor Naheed Nenshi said Friday.

“I look forward to continuing conversations,” Nenshi said. “I know a lot of folks have been working very hard to see if there is something there that meets the criteria that we’ve talked about — the most important criteria, of course, being public money must have public benefit. And I really look forward to seeing where people are at.

“I’m hopeful there will be some stuff to talk about with the public on Monday.”

Acting city manager Glenda Cole told council members previously that any deal reached with the Flames will be made public. No deal can be finalized until it is voted on by city council.

A previous estimate from the Calgary Municipal Land Corp. has placed the cost of a new arena between C$550 million-C$600 million. The Saddledome, which opened in 1983, is currently the second-oldest facility among full-time NHL arenas.

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