News Release - November 4, 2008
SASKATOON CREDIT UNION CENTRE RECEIVES $3 MILLION
The province announced today a $3 million commitment to the city of Saskatoon for a seating expansion and capital improvements to Credit Union Centre.
The project will be funded through a partnership between the Government of Saskatchewan, Saskatchewan Place Association Inc. (City of Saskatoon) and Hockey Canada. The total project is estimated at $6.7 million and will allow the Credit Union Centre to be a key anchor for sports, entertainment, trade and business in the city and the province.
"The improvement to Saskatoon's Credit Union Centre means new and exciting things for people in Saskatchewan," Crown Corporations Minister Ken Cheveldayoff said on behalf of Tourism, Parks, Culture and Sport Minister Christine Tell. "This initiative will expand seating capacity for the 2010 World Junior Championship, and it will also provide an excellent opportunity to increase Credit Union Centre's ability to attract other major events to Saskatoon."
"We are very excited about this expansion," Saskatoon Mayor Donald Atchison said. "It opens up so many opportunities for Credit Union Centre, Saskatoon and the province. We will be able to continue to bring world-wide concerts and sporting events to our patrons in an ever-competitive market."
"Credit Union Centre is thrilled with the completion of our upper deck seating sections at the open west end," Credit Union Centre executive director Ken Wood said. "At the end of the third quarter in 2008, we ranked number 38 in the world on Pollstar Magazine's arena rankings. These new seats will improve our ability to host exciting sporting and concert events, and maintain our great calendar of events for our patrons in the province and beyond. We will have some major event announcements in 2009 that will result in usage of these additional seats."
The project includes an additional 2,868 seats to the upper deck in the west end of the arena. The expansion to Credit Union Centre will surpass Winnipeg's MTS Centre seating capacity for concerts, as well as make it comparable to its overall seating capacity for hockey and other sporting events.
The competition for arena events is impacted by seating capacity and Credit Union Centre is regularly competing with arenas outside of the province. Event promoters look for the ability to attract the largest number of patrons and ticket price points that provide them with the greatest revenue potential. The expansion will allow Credit Union Centre to compete for class "A" concerts and major national and international sporting events.
For more information, contact: