What's the population difference between Brantford and Peterborough?
10K or so?
Peterborough would draw from all the small towns in the surrounding area where as Brantford has Hamilton next door to compete with for events.
I don't think it would be that much of an issue if Brantford can do it.
There is no business around Peterborough. None. It ends at Oshawa. No one is going to Peterborough. So, unless Peterborough is making a push to build infrastructure to support growth, there is no reason for Peterborough to throw money into an OHL rink.
The Brantford rink is part of a $1.5Bil Redevelopment project with 2600 residential units. The City will collect $9mil annually from property taxes which will be allocated to the debt servicing on the $140mil arena.
This is what I am talking about. It “usually” needs to be a part of a redevelopment or new development plan where the arena is a small component.
Where does this come into effect for PEterborough? Clearly the City cannot support building a rink independently. They need a new owner that would propose to build a new development (likely commercial and residential mix) where the City can allocate funding that can be recouped in some manner though increased business activity. For pro sports, a lot of the justification has to do with economic growth attached to having a pro tema in the city. But, for junior hockey, mostly it has to do with development and increased tax collection.
This is why you will see Townships try to renovate existing buildings with public and private funds. It is doable. In some cases, they can even have a ticket surcharge collected on the sale of every ticket that goes directly to the township to pay down the debt when there is no added economic benefit. Effectively, everyone pays an extra $1.50 for tickets for 20 years.
The PMC is a city owned property so they do need to perform schedule renovations etc. Hopefully they will get to the point where the added cost of a full Reno makes sense leveraged against the cost of maintaining the same unit.