Alberta, City, OEG Downtown Deal
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'Ruthlessly fair': Alberta premier says Oilers Entertainment Group deal shows fairness for Edmonton and Calgary
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Alberta Premier Danielle Smith says the deal would be “absolutely transformative” for Edmonton ’s Downtown.
The province, city, and OEG have signed a memorandum of understanding that would have the three spend $408 million combined to build an event park beside Rogers Place .
The OEG's $250-million all-weather event park is a major part of the deal, meant to draw more life to Downtown.
Smith: Deal shows commitment to fairness between Calgary and Edmonton .
The City of Edmonton registered plans to lobby for $100 million for downtown revitalization.
$12.5 million for Explore Edmonton to attract new events or festivals.
The City’s July 19, 2023 filing, through lobbyist firm New West Public Affairs , asks to “restore Commonwealth Stadium to a world-class event space”.