News Article: Lebreton...UPDATE - Agreement made with NCC.

[Micklebot]

it started at about 1:09 so probably about 30 mins. TSN1200 will likely post it eventually.

Leeder: This deal allows us to start the heavy lifting

NCC CEO Tobi Nussbaum and Sens President Cyril Leeder speak to the media about an agreement for the Senators to purchase 10 acres of land at LeBreton Flats to build a downtown arena

www.tsn.ca

@Loach

 

[Cosmix]

good news hope the arena gets 18k seats atleast we need a move bad

Hot water too!

 

[Loach]

Leeder: This deal allows us to start the heavy lifting

NCC CEO Tobi Nussbaum and Sens President Cyril Leeder speak to the media about an agreement for the Senators to purchase 10 acres of land at LeBreton Flats to build a downtown arena

www.tsn.ca

@Loach

Thank you

 

[BankStreetParade]

Overall I thought the press conference was good. The NCC agreeing to sell land and a larger piece of it is huge. Glad to hear it explicitly said that they don’t have any expectations for taxpayers to have a role in funding the arena. Lots of unknowns still, including not yet having a sale price for the land (although agreement on what the “fair market vale” is shouldn’t be too difficult), and who will pay to remediate the land.

Long way (many years) to go, but what a difference it must be for those involved to be dealing with Andlauer’s group compared to what everyone involved had to put up with negotiating with Melnyk.

I think the italicized section is because of the bolded section. Owning a larger parcel of land means more opportunity for development that can offset the cost of the arena and they can be corporate landlords for some of the most premium retail property in the city. I wonder what the total cost will be though (cost of land + construction of arena + development of rest of land) and how this will be financed?

 

[Senscore]

Rip to all the trainyards shippers, lol

no you don't understand, the soul killing endless parking lot sprawl is already there!

 

[OmniSens]

I missed it. Was it only 5 min?

Check the Sens youtube page.

 

[Golden_Jet]

I think the italicized section is because of the bolded section. Owning a larger parcel of land means more opportunity for development that can offset the cost of the arena and they can be corporate landlords for some of the most premium retail property in the city. I wonder what the total cost will be though (cost of land + construction of arena + development of rest of land) and how this will be financed?

Not seeing much land for other development, building needs 7 acres (with zero parking) , need room for transports as well, and they have 10 acres.

 

[caymanmew]

i am looking at a map, is the new arena expected to be by Bayview or Pimisi station?

 

[Dale Gribble]

Leafs fan here.

Just wanted to say congrats to Sens fans.

 

[Relapsing]

i am looking at a map, is the new arena expected to be by Bayview or Pimisi station?

Believe it's just west of Preston st. So in between... But closer to Pimisi

 

[OttawaSenators11]

I guess with this announcement, we’ll have to continue with arguably the leagues worst jumbotron ?

I wonder at the very least if they have repaired the broken pixels ? Lol

 

[frightenedinmatenum2]

It sounds like it won't be until 2030 before we likely see the grand opening of the new arena.

Just in time for our next rebuild to peak.

 

[Icelevel]

Progress!

 

[Loach]

This Nutbalm NCC guy gives me Dorion vibes.

 

[Cosmix]

I wonder what the NCC and Senators mean when they say they want the Algonquin nation to be a true partner in the project?

 

[Cosmix]

Did the NCC or Senators release a map showing the land to be purchased?

I read the PR but did not see a link to a map.