This is an archived version of a Field of Schemes article. Comments on this page are closed. To find the current version of the article with updated comments, click here.
June 16, 2010
Oilers rezoning delayed amid money questions
Apologies for not reporting this when it broke last week: The owner of the Edmonton Oilers has postponed a public zoning hearing on his proposed $1.4 billion arena-and-redevelopment plan, originally planned for June 28, until the fall.
The reason, as team VP Bob Black put it: Questions about how exactly the project would be paid for "have been distracting from the zoning application." (Nobody could even focus on the beautiful plumage!)
Read further, though, and it appears that the Edmonton city council were the ones getting antsy about hearing financing details before voting on the zoning, with one calling it "a more intelligent sequence of events." It also can't hurt that after October 18, both mayor Stephen Mandel and the council will be done with their electoral campaigns, so won't have to worry as much about blowback from whatever Katz proposes.