The National Capital Commission (NCC) once again signed an agreement with the Ottawa Senators that would bring a new NHL arena to LeBreton Flats near downtown Ottawa, years after the collapse of another Sens-backed arena plan.
The NCC announced a memorandum of understanding with Senator-led Capital Sports Development Inc. to work on a stadium and mixed-use development on Albert Street, between Preston Street and City Center Avenue.
Plans are still in their infancy, but the NCC said it aims to reach a long-term lease by fall 2023 with “clear goals related to sustainability, affordable housing, and benefits to the Algonquin Nation,” according to a statement. NCC press release issued. Thursday.
The city of Ottawa will also have to approve the plans.
A previous arena plan fell apart in 2018.
For this latest plan, senators are joined by several groups:
- Sterling Project Development, a real estate management and advisory group that recently completed the new home of the New York Islanders.
- Populous, who designed the Climate Pledge Arena in Seattle, the Vidéotron Center in Québec City, the T-Mobile Arena in Las Vegas, and Tottenham Hotspur Stadium in London, England.
- Tipping Point Sports, a sports finance and advisory firm focusing on public-private partnerships for sports-anchored mixed-use developments.
- Live Nation, an entertainment company that produces concerts and festivals.
how did we get here
In April, amid rampant speculation that an arena could be on the way, the NCC said only that “multiple pitches” for “main attractions” had been submitted after its request for proposals in 2021.
“We have a lot of interest in getting this right… I think the expectations at the NCC are high for these sites, so we want to make sure we take the time to get this right,” said NCC Executive Director Tobi Nussbaum. reporters of the time.
Thursday’s announcement came after the NCC completed its evaluation and due diligence process, and began 60 days of negotiations with potential proponents.
Residents were not given a chance to weigh in ahead of the NCC’s selection of a preferred proponent, but Nussbaum noted in April that residents had already discussed what they wanted to see in LeBreton during public consultations to the conceptual master plan for LeBreton Flats in 2019.