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The News

Katz Group

Final Piece of Funding for Downtown Arena Approved

May 15, 2013

Groundbreaking slated for Spring 2014

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Council Supports Downtown Arena, Narrows Funding Gap

April 10, 2013

The Downtown Arena moved ahead with Council’s approval in principle of the master agreement and plans to close the $100 million funding gap

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Aerial of Arena

City and Katz Group Score Framework on New Arena

January 23, 2013

City Council approved a new framework for a $480-million arena to be owned by the City of Edmonton, and operated by the Katz Group, owner of the Edmonton Oilers.

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City Re-opens Arena Negotiations with the Katz Group

December 12, 2012

Council voted to re-open negotiations on the proposed downtown arena following an update by administration and a presentation by the Katz Group.

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Council Ceases Negotiations and Work on Downtown Arena, Will Explore Options

October 17, 2012

Negotiations with the Katz Group companies and design work on the proposed downtown arena has stopped, following motions directing City Administration to cease work and to look at other options to advance the project.

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Mandel Invites Katz Group to Clarify Issues to City Council

September 18, 2012

Mayor Stephen Mandel provided the following statement today on issues related to the proposed downtown arena and entertainment district.

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Proposed Downtown Arena Design Approved, $450 Million Budget Reaffirmed

July 17, 2012

City Council has approved the schematic design for the proposed downtown arena, and reaffirmed the budget is $450 million for the arena.

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Preliminary Arena Interior Concept Sketches Available

January 19, 2012

Conceptual sketches based on preliminary work done by ICON Venue Group have been released.

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ICON Selected as Project Manager for Proposed Downtown Arena

January 16, 2012

The City of Edmonton and the Katz Group have selected ICON Venue Group (ICON) as project manager for Edmonton's proposed downtown arena.

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City Clarifies Arena Borrowing Bylaw

November 10, 2011

A clause in a borrowing bylaw that received first reading from City Council on November 9, 2011 does not represent an increase in current taxes to pay for the land and design costs for a new downtown arena.

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Council Approves Financial Framework for Downtown Arena, Moves Ahead with Design

October 26, 2011

City Council has agreed to move ahead with the design of a new downtown arena and approved a financial framework for the project.

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City Retains External Expertise to Protect Public Interest in Arena Negotiations

September 09, 2011

As requested by Council, the City of Edmonton has secured external counsel and expert analysis as part of a comprehensive process to ensure due diligence in the pursuit of a complex agreement on a downtown arena.

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City and Katz Group Agree on Agreement Framework to Build Arena

May 18, 2011

Framework will enable negotiations on a formal Master Agreement.

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New Reports on Proposed Arena Detail Options on Funding, Governance

March 31, 2011

City continues discussion on relationship framework with Katz Group.

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New Arena Report Highlights Progress

February 24, 2011

Discussions underway with Katz Group.

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