Saskatoon has reached a significant milestone in the development of its future downtown arena. The city has struck a tentative deal with the operator of the arena, marking a major step forward in the project.
The agreement was announced by Mayor Charlie Clark and the operator, Saskatoon Sports and Entertainment (SSE), on Tuesday. According to the terms of the deal, SSE will be responsible for the operation and management of the arena, as well as the surrounding entertainment district.
This partnership between the city and SSE is a result of months of negotiations and discussions. Both parties have worked diligently to ensure that the agreement is beneficial for all involved, including the citizens of Saskatoon.
Mayor Clark expressed his excitement about the potential of the new arena and entertainment district, stating that it will be a “game-changer” for the city. He also emphasized the economic benefits that the project will bring, including job creation and increased tourism.
SSE President and CEO, John Graham, echoed the sentiment, stating that the new arena will be a “world-class facility” that will attract major events and concerts to Saskatoon. He also highlighted the positive impact it will have on the local economy.
The tentative deal still needs to be approved by City Council, which is expected to happen in the coming weeks. If approved, construction on the arena is set to begin in 2022, with an estimated completion date of 2024.
The new downtown arena is expected to be a state-of-the-art facility, with a seating capacity of 15,000 and the ability to host a variety of events, including sports games, concerts, and conventions. It will also feature modern amenities and technology, making it a top destination for entertainment in the region.
This milestone in the development of the future downtown arena is a testament to the hard work and collaboration between the city and SSE. It is a promising step towards a more vibrant and dynamic downtown core for Saskatoon.
