Posts Tagged: katz group

Daryl Katz finally reveals some information about the Edmonton Arena District

At a media briefing attended by a select few journalists on Thursday, Daryl Katz finally revealed some information about the Edmonton Arena District. The event was timed to coincide with the launch of the new district website that has lots of photos, videos, and other information about the project. It’s definitely worth checking out. He… Reads more »

Edmonton will officially join the skyscraper club with Stantec’s new tower

Stantec today unveiled their new headquarters, a 62-storey tower that will be built on the corner of 102 Street and 103 Avenue right in the heart of the Edmonton Arena District. Along with the Katz Group, WAM Development Group, and City of Edmonton, Stantec shared details on the new building which will be the tallest… Reads more »

Photo Tour: Rogers Place construction is well underway!

Construction is well underway on Rogers Place, and yesterday morning the local media had the opportunity to see the activity from above and up close. You can check out the live view here. We started off with a trip to the top of the EPCOR Tower. From there, you get an excellent view of the… Reads more »

Green light given for Rogers Place, Edmonton’s new downtown arena

Construction on Rogers Place, the future home of the Edmonton Oilers, will begin in March now that the $480 million guaranteed maximum price has been met. The announcement was made at a press conference today at City Hall that featured a rare public appearance by Daryl Katz. The new downtown arena will seat 18,641 for… Reads more »

Edmonton Vaporware: The Arena District

Though the video game industry probably comes to mind first when you hear the term vaporware, it is increasingly being used to describe announcements and predictions that never come to pass in other industries too. Like construction. The construction of, for instance, big “transformative” projects that will unfold over a number of years. Sound familiar?… Reads more »

Edmonton City Council and Katz Group move forward on new downtown arena

Today was the latest episode in the downtown arena saga and it was a weird one. Council received an update from Administration on negotiations with the Katz Group and ultimately voted 10-3 to move forward with an altered deal, though one that still closely resembles the framework that was approved in October 2011. Today is… Reads more »

The arena deal is dead, but the City of Edmonton came away the victor

After a heated discussion on the arena yesterday afternoon, City Council voted to cease all negotiations with the Katz Group and directed Administration to explore alternatives. Here are the three motions they passed: As a result of Mr. Katz’s letter and unwillingness to have an open discussion with Council and the frustration of the Interim… Reads more »

Was today’s downtown arena news a setback or a setup?

Today behind closed doors City Council discussed a request from the Katz Group for more public money for the downtown arena project. In a letter to City Manager Simon Farbrother, the Katz Group’s John Karvellas wrote: “…we believe the City has significant capacity beyond its commitment of $45 million to help fund the arena, which… Reads more »

Roundup: Reaction to the latest downtown arena vote

On Wednesday afternoon, City Council approved a financial framework for the new downtown arena. The vote passed 10-3, with Diotte, Iveson, and Sloan voting against. Council also agreed to spend $30 million to complete the design of the arena to 60%, to enable contractors to bid on the construction project with a Guaranteed Maximum Price… Reads more »

With a positive vote on the arena, Council can get back into the driver’s seat

City Council probably could have done a better job of handling the arena issue this year. I asked Councillor Sohi about this a couple weeks ago, and he agreed. “In hindsight we should have been in the driver’s seat rather than letting the Katz Group drive the process,” he told me. How much have things… Reads more »