Stadium Updates

[Argocister]

Remind me again how much the TD stadium cost?
Of course in T.O. it wont only be the stadium that has a price but land one chose would be costly in the centre of the city.

[rdavies]

Remind me again how much the TD stadium cost?

Stadium Renovation and Parking

The Lansdowne Partnership Plan requires the City to fund $106.2M for the stadium renovations and $23.1M to construct 660 of the approximate 1370 below-grade parking spaces. The City’s financial exposure is limited, as OSEG is assuming the risk for any potential cost escalations.

This includes the cost of refurbishing the Ottawa Civic Centre (TD Arena). Tack on another 17 million on top of the above after additional roof costs to the arena were incurred.

Lansdowne Park Redevelopment: Project details

It's somewhat more difficult to get a good breakdown on the costs of the stadium and arena alone, separate from the whole development. As opposed to Hamilton where it was very easy to track the cost and was very transparent.

The Money (Hamilton)

• Overall cost is $145.7 million
• $119.1 to be spent on the stadium construction and design
• $26.6 million to be spent on “soft costs” such as project management, transaction fees and a contingency fund
• City contributing $54.3 million
• Province contributing $22.3 million
• Federal government paying the remaining $69.1 million
• Ticats to pay city $450,000 a year in rental costs