Calgary is officially getting a new event centre & here’s what we know

From the Mega Drop to the Slingshot, the Stampede has some pretty wild rides – but few have been as winding as the city’s journey to a new Calgary event centre.

However, after years of “will they, won’t they,” it appears that things are back on track with the province announcing that they have just signed a memorandum of understanding with the City of Calgary, Calgary Exhibition and The Stampede to enable the construction of a “world-class arena.”

“This new arena and event centre will be at the heart of Calgary’s sports, entertainment and cultural scene for generations, and will result in billions of dollars of economic activity and a higher quality of life for millions of Albertans,” said Alberta Premier, Danielle Smith.

“The memories experienced here by families and friends will contribute invaluably to the fabric and spirit of this city for decades. Calgary is a vibrant world-class city deserving and in need of world-class facilities. Along with Edmonton’s Rogers Place, Alberta will now have two of the best and most modern event centres in all the world.”

According to the government, the province will not be investing in the construction or operation itself, rather, these will be covered by the city and CSEC.

“The province will instead contribute up to $300 million, the majority over the next three years, primarily committed to road and bridge construction, LRT connection, site utilities, site reclamation and other supportive infrastructure,” they explained.

“These investments will be critical to the development of the entire area, will enhance access to the Stampede grounds and the expanded BMO Convention Centre, and ensure a vibrant downtown and Rivers District.”

Sadly, this signals the end of an era for those who love Calgary’s Scotiabank Saddledome, which at 40 years old is one of the oldest arenas in the NHL.

Replaced by the estimated $1.22 billion dollar building, it looks like fans will soon have a new place to enjoy a game, watch a concert or attend major events.

For more information, you can visit the city’s Calgary event centre website now, otherwise – stay tuned! Big things are happening and you won’t want to miss any of it!