The debate over the Coliseum site’s future is ongoing, but the city’s executive committee supported Mayor Don Iveson’s motion to confirm the closure of the Coliseum. City council will vote on the motion on Feb. 27.
On Feb. 22, city administration presented a report about re-developing the site. Estimates for demolition costs are $15-20 million, and the yearly cost of maintaining the empty building is $1.5 million. Having the site sit empty is not ideal, but there are problems with immediately taking it to the market. Continue reading Council discusses the Coliseum site’s fate Options are limited when re-developing the site