The clock is ticking to determine the future of the aging hockey arena and the entire Northlands site.
Northlands’ proposed Vision 2020 strategy for its 160-acre “campus” is a huge gamble. On one hand, it’s a $165-million-dollar “re-creation of recreation,” marked by massive changes to its three main venues. On the other is the spectre of a derelict site inspiring falling housing values and increased crime.
“We don’t want Vision 2020 to be an all-or-nothing strategy, but we also don’t want Northlands to be the next not-for-profit society that is $20-million-dollars in the hole and no way to pay it back,” President and CEO Tim Reid told community league members in February.