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By Shempatolla (registered) - website | Posted August 11, 2010 at 14:14:08
The "anchor tennant" can be the city itself. The city uses Ivor Wynne over 200 dates a year for various community events outside of what the TiCats use. With construction of the stadium and development of the stadium precinct as is surely to evolve, the resulting increase to the tax base, the demolition of the old girl on Balsam and the redevelopment of that site with its resulting tax revenues would more than offset the cost of running the stadium. Then there is the Katz Group factor. They did not approach the city without a plan ready to execute. Could this mean an MLS franchise?, hotels, commercial space? Who knows. There is no need to panic. I have stated before, although I love the Tiger Cats, this community is so much more than a football team and steel mills. The team has over played its hand. If they leave..... it would be a sad day. But my city is more important than Mr Young's bank statement.
Cheers
Greg Galante
Hamilton
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