Pages

Monday, December 27, 2010

{allcanada} TICATS IN STADIUM NEGOTIATIONS WITH CITY OF BURLINGTON

Calendars Logo - 1 - 468x60 

The Hamilton Tiger-Cats are having a serious look at moving down the road to nearby Burlington, Ontario.

The Cats are in negotiation with a Burlington developer and his partners that would see a private consortium contribute $30 million to the Pan-Am Games stadium project that would become the new home of the CFL team.

The Tiger-Cats had been working with the city of Hamilton over the past year, but that process ended last week when Hamilton council voted down the only two options the team said made economic sense.

It is believed talks between the Tiger-Cats and the Paletta family of Burlington go back months, with the understanding that a deal would only go forward if options dried up in Hamilton. That being the case, the two sides are now working towards being able to present a business case to the Pan-Am Games committee by February 1st.

The Paletta's own 125 acres of land located east of the Aldershot GO station and bordered on the north by Highway 403 and on the west by King Road. The land has already been zoned for sport-entertainment use.

It's not clear how much the City of Burlington or Halton Region might be asked to contribute to the project.

"I think ideally you need to have the land and a significant private-sector component and this has both," said Tiger-Cat president Scott Mitchell. "But as it relates to Burlington it's very preliminary and they have to make sure this works for them."

Provincial and federal government representatives have been working with the Tiger-Cats over the past several months and would likely look favourably on a deal that would keep the team within the region.

The proposed stadium site is almost as close to downtown Hamilton as downtown Burlington and would provide easy access by car or rail for fans from Hamilton.

Cal_728x90

Entertainment Plaza - TV, Movies, Sports, Music
http://members.shaw.ca/almosthuman99

Babe Of The Month
http://members.shaw.ca/almosthuman99/babeofthemonth.html

Hunk Of The Month
http://members.shaw.ca/almosthuman99/babeofthemonthman.html

No comments:

Post a Comment