Flames CEO says city is helping move CalgaryNEXT forward

There has been some progress in the CalgaryNEXT project.

That news comes from Calgary Flames president and CEO, Ken King, who spoke to Sportsnet 960 The Fan on Thursday.

King said the city has taken a few steps to help the project move forward.

“The Calgary Municipal Land Corporation has hired a consultant to review the creosote contamination issue, and I think there will be something before Christmas come out on that,” King said. “The city has developed a strategy to evaluate the opportunity, and I think we’ll see something from that early spring.”

He added that so far, most people seem to be supportive of the new Flames arena, which will be located in West Village.

“Every time I chat with a group, I ask them, ‘Do you have enough information to make an informed opinion, good or bad,'” King said. “We’ve got some research back recently, and it’s getting pretty favourable reviews. Most people understand it better, they say ‘Hey, this could be pretty neat.'”

CalgaryNEXT has an $890 million price tag attached to it.

So far, the Calgary Sports & Entertainment Corporation will pay $200 million, with another $250 million coming from a ticket tax. A community revitalization levy from West Village would bring in another $240 million. The remaining $200 million in funding would have to come from the city.

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