Latest news with #Lansdowne2.0
CBC
2 days ago
- Business
- CBC
Councillor calls for referendum on Lansdowne 2.0, but mayor opposed
Social Sharing As the Lansdowne 2.0 redevelopment ticks along behind the scenes, one city councillor tried publicly on Tuesday to explore the idea of a referendum during the 2026 municipal election so residents could ultimately decide whether the new arena and football stands should be built. Coun. Shawn Menard, who represents the Glebe neighbourhood where Lansdowne Park is located, pointed out that more than 5,000 people have signed a petition calling for a citywide vote on whether to spend upward of $419 million on the project. The plan is to replace the north-side stands at the football stadium, and to replace the arena with a new one that has thousands fewer seats and is located where there's now a grassy berm. The city's private sector partner at Lansdowne, the Ottawa Sports and Entertainment Group (OSEG), owns the Redblacks football team and Ottawa 67's hockey team, and manages those city facilities at TD Place. "That's a nice-to-have. It's not necessary," Menard told reporters after a meeting during which the finance and corporate services committee discussed facing a $10.8-billion dollar funding gap for city infrastructure in the coming decade. "Do we really want to be spending on this when all these other priorities are there?" asked Menard. "It's hard to get the basics right these days in the city." The Lansdowne 2.0 concept was first discussed during the last term of council under former mayor Jim Watson, when OSEG was struggling to attract visitors to Lansdowne during the COVID-19 pandemic. The plans have been modified since then, including a two highrise towers instead of three, but the estimated price tag has risen from $332 million to $419 million. Mayor Mark Sutcliffe said the public has had many chances to weigh in, and will have yet another opportunity before a final vote this fall. "We were talking about Lansdowne in 2022 when the previous municipal election took place, so there's no need for a referendum," said Sutcliffe. "I don't think councillors want it." No referendum was held for other big projects such as the new central library or the two stages of light rail construction, Sutcliffe pointed out, because those decisions are within the purview of council. Going to tender June 16 Indeed, councillors on the finance and corporate services committee voted nine to three Tuesday to discuss Menard's motion that day, rather than weeks later as Menard intended, because they said it was time-sensitive. Expecting it would be voted down, Menard quickly jumped in to withdraw his motion and preserve a chance to pursue the referendum discussion later. This bit of procedural interest came after staff confirmed they plan to put the project out to tender on June 16, seeking construction companies to submit bids to build Lansdowne 2.0. Staff intend to get updated prices and choose a contractor to present to council for final approval in the fall. The city also held a separate procurement in recent months to find developers wanting to either buy or lease the air rights for two highrise towers. It closed April 30, and the city is deep in negotiations with one preferred bidder. "I think there's a reputational risk and a credibility risk in this motion where it would possibly negatively impact those conversations and those tenders," said Tammy Rose, general manager of the infrastructure and water services department. Sutcliffe also underscored the importance of following the procurement process already laid out and not creating uncertainty for the construction industry. Building permit application in March Along with tendering the construction and air rights, the Lansdowne 2.0 team has been busy working on other tasks council gave them last year in order to prepare a final package for council approval. One big goal was to apply for a building permit in time to fall under Ontario's 2012 building code, rather than the 2024 code that took effect Jan. 1. Sean Moore, who is leading the Lansdowne project for the City of Ottawa, confirmed the application for a building permit went in on March 21, 2025 and would fall under the old code. The province did allow a transition period and a project could still apply under the old code by March 31 if its working drawings were substantially complete by Dec. 31, 2024. Site plan approved last month Moore said those drawings were ready on time as part of yet another related task: getting approval for what's called the "site plan," which lays out details about everything from building elevations and design to landscaping and servicing with municipal water. That key step only got final signoff by city planning staff on May 26, after the Lansdowne team and its consultants submitted dozens of studies to be reviewed by city subject matter experts and the urban design review panel. Even with the signoff, city reviewers still had a long list of conditions for Lansdowne 2.0 to meet, such as updating its assessment of Lansdowne's transportation impact and updating its grading plan to show water won't pool. Asked how the building permit had complete drawings on Dec. 31 when many more studies were submitted and reviews were done afterward, Moore explained the architect's designs were submitted for the arena in August 2024, and for the north-side stands in December. The structural and mechanical elements needed to meet the building code were complete, he said. As for elements outstanding on the approved site plan, Moore said only final clarifications are missing — an entire transportation plan doesn't need to be redone. "We're just talking now about crossing t's and dotting i's," explained Moore. "But overall, staff have accepted how it all works in terms of [Lansdowne's] design, and how it's modelled, the transportation system and so forth."
CBC
05-02-2025
- Business
- CBC
Ottawa sports teams could still help take Lansdowne from red to black: OSEG
Social Sharing A poor performance by the Ottawa RedBlacks fuelled yet another year of financial losses for the Lansdowne Partnership in 2024, but the Ottawa Sports and Entertainment Group says it's confident the football team could help pull it into the black — even as planned renovations reduce the number of seats. The city's private partner told members of the finance and corporate services committee on Tuesday that it was otherwise a strong year for the urban park. But the 2023-2024 fiscal year nevertheless brought with it a continuation of the budgetary shortfalls that have plagued the Lansdowne partnership since its inception. Staff have advised that a $419-million revamp, an estimate the auditor general suggests is too low, is the only way to make the partnership eventually turn a profit. "Sports is hard, right? There's ups and downs," Mark Goudie, president and CEO of OSEG, told CBC after the meeting. "We were reporting on a down year." The CFL team missed out on a playoff spot for four straight seasons, leading to a slump in season ticket sales. Now that the RedBlacks have broken that streak, he believes things will change. "Our season ticket base will start coming back," Goudie said. "You don't snap your fingers. That doesn't happen right away, but it'll come back as we put a good product on the the field and win games and win championships over the next couple of years." Residents and some councillors are less convinced, however, with many worrying that betting on a sports franchise is too risky a business for the city to be in. Smaller venue size Debate at the committee turned quickly from the single year of financial data to Lansdowne 2.0, described by some as a necessary investment and others as throwing good money after bad. Several public delegates expressed concerns about what will happen when the renovations are over and both the arena and stadium lose seating capacity, arguing that the only option will be a big hike in ticket prices. Goudie said it's too early to say how prices will be affected, but assured they would be a "good value." "My groceries go up every year as well," he explained. "That's the nature of anything that you consume and buy." There's likewise little need to worry about the sell-out Ottawa Charge hockey team and event organizers looking elsewhere, he said, since the venue occupies a coveted spot as a mid-sized venue. "We're hearing worries of councillors and other people, but we're not hearing them from the PWHL," he said. Mayor Mark Sutcliffe repeated his argument that there's no time to wait on site upgrades, if Ottawa wants to keep attracting world-class events. "We've heard from event organizers. They're not going to keep coming back to Ottawa to hold events in an aging facility," said Sutcliffe told CBC after the meeting. "We're lucky we got the world juniors. We're lucky we got the men's curling championship." The latter struggled through a leak in the arena roof that nearly put play in jeopardy. Lansdowne's 'economic driver' The latest iteration of the partnership is projected to bring another million visitors to Lansdowne Park each year, so Capital Coun. Shawn Menard questioned why an OSEG consultant suggested traffic would not increase. Goudie explained that the boost in visitors will come from adding events to "dark days," thereby not increasing traffic on any given day. At several points in the meeting, staff and Goudie drew attention to the 100 per cent occupancy of the site's retail properties as a positive sign. OSEG calls it as the partnership's "economic engine." Menard questioned why, then, the Lansdowne 2.0 project ruled out additional retail space originally proposed by OSEG. "We actually built retail at an optimal time. It was beneficial. The costs were lower," said deputy city treasurer Isabelle Jasmin. "The cost of building retail has significantly increased, and it just breaks even. So, there was no business justification for increasing the size of the retail." Despite prodding from Menard and some local residents, Goudie would not say if tenants pay rent that's below market rates.
Yahoo
27-01-2025
- Business
- Yahoo
Lansdowne partnership lost money again last fiscal year
The Lansdowne partnership has racked up another year of losses and is counting on lower financial distributions in the years to come. In its annual report, the partnership between the city and Ottawa Sports and Entertainment Group (OSEG) reported a net loss of $9.2 million for the 2023-24 fiscal year. That's almost precisely the same as the previous fiscal year. The new results, together with next year's budget and updated economic assumptions, prompted the partnership to update its fiscal forecast for the years ahead. It now foresees a reduction in distributions of $4.6 million over the 40-year life of the agreement. The forecast is based on the current partnership, not the planned Lansdowne 2.0 project. The partnership has posted net losses every year since it started operations a decade ago. It has never paid out a distribution to the city, and it is not expected to ever do so. Under the existing agreement, distributions are paid to OSEG before the city. More events boosted revenue According to the annual report, which will be presented to council's finance and corporate services committee next week, the partnership actually increased its revenues by four per cent to $59.5 million last fiscal year. That comes amid full retail leasing and an increased number of events, though the poor performance of the Ottawa Redblacks negatively affected the results. Overall, the increased revenue helped the partnership earn positive operating income, but higher interest rates for the partnership's debt burden helped drive the bottom line into the red. The city and OSEG have both argued that the financial difficulties of the current partnership underline the need for a new agreement. They are both supporting the Lansdowne 2.0 project, which foresees a new event centre, new north stadium stands and two residential towers. They argue that the current arena and stadium are at the end of their useful life and will make it difficult to attract events. Ottawa's auditor general has estimated that the Lansdowne 2.0 project could cost $493 million.
CBC
27-01-2025
- Business
- CBC
Lansdowne partnership lost money again last fiscal year
The Lansdowne partnership has racked up another year of losses and is counting on lower financial distributions in the years to come. In its annual report, the partnership between the city and Ottawa Sports and Entertainment Group (OSEG) reported a net loss of $9.2 million for the 2023-24 fiscal year. That's almost precisely the same as the previous fiscal year. The new results, together with next year's budget and updated economic assumptions, prompted the partnership to update its fiscal forecast for the years ahead. It now foresees a reduction in distributions of $4.6 million over the 40-year life of the agreement. The forecast is based on the current partnership, not the planned Lansdowne 2.0 project. The partnership has posted net losses every year since it started operations a decade ago. It has never paid out a distribution to the city, and it is not expected to ever do so. Under the existing agreement, distributions are paid to OSEG before the city. More events boosted revenue According to the annual report, which will be presented to council's finance and corporate services committee next week, the partnership actually increased its revenues by four per cent to $59.5 million last fiscal year. That comes amid full retail leasing and an increased number of events, though the poor performance of the Ottawa Redblacks negatively affected the results. Overall, the increased revenue helped the partnership earn positive operating income, but higher interest rates for the partnership's debt burden helped drive the bottom line into the red. The city and OSEG have both argued that the financial difficulties of the current partnership underline the need for a new agreement. They are both supporting the Landsdowne 2.0 project, which foresees a new event centre, new north stadium stands and two residential towers. They argue that the current arena and stadium are at the end of their useful life and will make it difficult to attract events.
CBC
15-01-2025
- Business
- CBC
What you need to know about the Lansdowne 2.0 design as it heads to the end zone
2025 is a big year for Lansdowne 2.0. The city wants to apply for a building permit by March 31 and council will be asked to give its final go-ahead this fall.
