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Arena development paused due to budget issues

Related Topics: Calgary Flames, Calgary

After a long spell of radio silence regarding the future home of the Calgary Flames, we have some news regarding the development. And unfortunately, the news isn’t particularly great.

Per the Calgary Municipal Land Corporation, the city entity tasked as the project manager for the new arena, the project is currently paused as they tackle some budget challenges.

Here’s a statement we received from CMLC on Wednesday afternoon:

“Calgary Municipal Land Corporation (CMLC), along with our partners at The City of Calgary, provided an update to Council at the April 13th closed meeting on the progress of the Event Centre.