supercanuck
Registered User
- Mar 2, 2016
- 3,112
- 4,001
Sens with their need for a new building is talking $900 mill USD. Pitt and Nas were sold recently for just under that ask. Canucks would be there as well just for the team. Nevermind the land and arena. Land was $50 mill CAD back in the early 90's. Figure, it's $250 mill CAD give or take today just for the land. Remember that Chevron gas station on W. Georgia just before Stanley park went for over $70 million several years ago in the expensive Coal Harbour area.
Again, issue with the arena is the narrow concourse which can't be changed given the footprint of the arena. You're pushing upwards of $1.6 billion USD or more for Canucks and arena (if you build a new one).
What are legit other options? Is the square footage of the under used International Village enough for a better concourse arena? Don't think anywhere off Granville or Burrard station is viable. The Waterfront land that Kerfoot bought for the proposed Whitecaps Stadium?
Once the viaducts come down, I wonder if Concord would be willing to sell one of their plots of Expo land to the team in exchange for the Rogers Arena land + cash to make the difference. I can also see the City being involved in terms of zoning to make this all work for both parties.