Why Are We Paying $365 Million To 'Refurbish' BC Place.....

..When BMO field in Toronto only cost $72 million?

Ya.

That's right.

$72 million.

From scratch.

For the entire thing, including the land, some of which was paid for with money from the Feds.

For a Major League Soccer stadium that everybody in the Centre Of The Universe has gone bonkers over.

So....

Again....

Why does BC Liberal Party Leader Gordon Campbell want to spend $365 million of our money to 'refurbish' an old piece 'o crap like BC Place stadium when he could build an entire second stadium for, say, a third of the cost?

Hmmmmm.....

Could it have anything to do with the following add-on, which was announced at the original BC Place refurbishing press conference last May:

" (the) Possible high-rise condo development, on the B.C. government-owned site."

For the 'financing' of all those hundreds of millions, of course.

Which, if you think about it, just might go a long way to explain the humungous price tag.

OK?



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And don't forget, the renos and the new roof are being brought to you (and me) by PAVCo, the same fine folks who went $400 million overbudget on the giant Cactus Club/Convention Ctr on the water....Which, of course, means that the real costs to fix up the giant Marshmallow might just as easily turn out to be $500 to $600 million....Now if that were to occur, what do you think the odds might be that GordCo would use it to justify jacking even more land out of the 'government-owned site' to sell to its influential friends and political uncles.....In other words, this is a match made in heaven for the Condo-Kings....Heads they win, tails we lose (even more).....
Image at top of post from SSK's very fine flickr stream of all things T.O.

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