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‘Exciting day for Edmonton’ as new Oilers arena gets green light

Feb 11, 2014, 2:54 PM EDT

Image courtesy City of Edmonton Image courtesy City of Edmonton

On Tuesday, the city of Edmonton and Oilers owner Daryl Katz announced the Rogers Place project has been greenlit to start construction in March of this year, and is scheduled to open in the fall of 2016.

From the Oilers:

“This is an exciting day for Edmonton as we move ahead with a project that will help realize our vision of a more vibrant downtown and ensures that the Edmonton Oilers remain a vital part of our city for years to come,” said Edmonton Mayor Don Iveson. “The look of Rogers Place is bold and forward-looking, just like Edmonton. As part of our downtown vision, it will serve as a symbol of our city’s great future.”

The City of Edmonton and Katz Group announced that the $480 million Guaranteed Maximum Price (GMP) for Rogers Place has been met.

“For the Katz Group and the Edmonton Oilers, we have always believed Edmonton’s need for a new arena was a huge opportunity to help transform our downtown into the vibrant, diverse and dynamic community that is the hallmark of every great city,” said Daryl Katz, owner of the Edmonton Oilers. “We couldn’t be more excited to see that vision becoming a reality and I want to thank Mayor Iveson, City Council, former Mayor Stephen Mandel, and the entire team at the City and everyone else who has laboured over this project for years for their tenacity and faith in this project.”

This marks the end of a long, drawn-out and occasionally contentious drama in which Katz confirmed he visited Seattle to “evaluate” the market after talks with the city of Edmonton stalled.

Things eventually got back on track and, in December, an announcement was made that the new Edmonton Arena would be named Rogers Place. So the NHL will soon have two Rogers-branded rinks, the other being Rogers Arena in Vancouver.

According to Tom Gazzola of Oilers TV, Rogers Place will seat 18,641 which, according to this list, would make it the 14th-largest in the NHL.

(Image courtesy the City of Edmonton)

  1. btlpper68 - Feb 11, 2014 at 3:06 PM

    Great they can blow in another arena

    • hallforpresident - Feb 11, 2014 at 7:30 PM

      Last time I checked we have Kevin Lowe, who knows a thing or two about winning, if there was ever a concern.

      • hallforpresident - Feb 11, 2014 at 8:35 PM

        ^ this was sarcasm by the way

  2. narfmoo12 - Feb 11, 2014 at 4:35 PM

    It’s humongous big.

  3. killerpgh - Feb 11, 2014 at 6:38 PM

    I still can’t get over the price tag of this place. $480 million is insane. The Penguins arena was opened in late 2010 and was built for $321 million. Figuring in the price increase for skilled labor/material puts/insurance/etc makes it cost around $350 million to start building it in 2014. The Penguins arena is pretty nice and couldn’t imagine what an extra 130 million would have added. Maybe pure gold hand rails? Platinum toilet seats? Pre-paid hookers in the men’s room?

    • gaborik104life - Feb 11, 2014 at 8:01 PM

      I’d burn my rangers gear and move to EDM if that last one was a part of the new arena.

    • mattmilone - Feb 12, 2014 at 1:41 PM

      In all fairness:

      $321m USD in 2011 is now worth about $332m USD, which roughly $365m Canadian dollars. So its more like $115m more.

  4. strictlythedanks - Feb 11, 2014 at 7:06 PM

    the skyway looks nice

  5. hallforpresident - Feb 11, 2014 at 7:33 PM

    Is that what that big tumour is hanging off the side? Thank god, I always get stuck in those notorious pre-game Wayne Gretzky Drive traffic jams because of people crossing the street to get into Rexall.

  6. elrock7 - Feb 11, 2014 at 9:08 PM

    Maybe Dave Semenko and Grant Fuhr will be running the team by then. Could they do any worse?

  7. dumbassgreg - Feb 11, 2014 at 11:06 PM

    katz played the people of edmonton for fools just like pockington did. people of edmonton will be playing for this for years. katz got sweetheart deal of alltime. the solution is easy alberta raises gas prices to level everyone else charges. sadly never happen albertan men are too weak too charge what proud people of alaska, norway etc. better too be a 1000 dollars a night whore like norway then a five cent one like albertans .lol

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