News ReleaNorthlands Board of Directors accepts Rexall Place Recommendations se - Northlands Board...

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News Release For immediate release May 8, 2015 Northlands Board of Directors accepts Rexall Place Recommendations EDMONTON, AB On Thursday, May 7, the Northlands Board of Directors held a Special Meeting to discuss the Northlands Arena Strategy Committee Report, released on April 15, 2015. The Board has reviewed the report and has accepted the recommendations. The primary recommendation is to collaborate with partners to repurpose the Northlands arena. If Northlands cannot find partners to collaborate with to repurpose the facility, the Northlands Arena Strategy Committee has made the recommendation to demolish and develop the land. “I’d like to commend the Northlands Arena Strategy Committee for their work and for delivering a solid report complete with recommendations,” said Laura Gadowsky, Chair of the Northlands Board of Directors. “While a significant amount of work has been completed, we still have several deliverables over the next few months. We’ll be tabling a Strategic Plan in the fall, which will include specific details on the repurposing of the Northlands arena.” The Northlands Executive Management Team will now start working on alternative uses for the existing structure,” said Tim Reid, President & CEO of Northlands. “We need a plan in place prior to the opening of Rogers Place in September 2016. What is clear is that whatever the outcome is, it must be based on a solid financial model and community benefit.” Some of the proposed scenarios include supporting the development of recreational facilities or an agricultural education centre. Other options include repurposing the facility to support the trade, consumer, conference and convention business in Edmonton. -30- No matter who you are, chances are you’ve experienced something amazing at Northlands, Northern Alberta’s premier entertainment and business destination. We are a not -for-profit, community service organization that owns and operates Rexall Place, the Edmonton EXPO Centre and Northlands Park Racetrack & Casino. For more information, please visit northlands.com.

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On Thursday, May 7, the Northlands Board of Directors held a Special Meeting to discuss the Northlands Arena Strategy Committee Report, released on April 15, 2015. The Board has reviewed the report and has accepted the recommendations. The primary recommendation is to collaborate with partners to repurpose the Northlands arena. If Northlands cannot find partners to collaborate with to repurpose the facility, the Northlands Arena Strategy Committee has made the recommendation to demolish and develop the land

Transcript of News ReleaNorthlands Board of Directors accepts Rexall Place Recommendations se - Northlands Board...

  • News Release For immediate release

    May 8, 2015

    Northlands Board of Directors accepts Rexall Place Recommendations

    EDMONTON, AB On Thursday, May 7, the Northlands Board of Directors held a Special Meeting to

    discuss the Northlands Arena Strategy Committee Report, released on April 15, 2015. The Board has

    reviewed the report and has accepted the recommendations. The primary recommendation is to

    collaborate with partners to repurpose the Northlands arena. If Northlands cannot find partners to

    collaborate with to repurpose the facility, the Northlands Arena Strategy Committee has made the

    recommendation to demolish and develop the land.

    Id like to commend the Northlands Arena Strategy Committee for their work and for delivering a solid

    report complete with recommendations, said Laura Gadowsky, Chair of the Northlands Board of

    Directors. While a significant amount of work has been completed, we still have several deliverables

    over the next few months. Well be tabling a Strategic Plan in the fall, which will include specific details

    on the repurposing of the Northlands arena.

    The Northlands Executive Management Team will now start working on alternative uses for the

    existing structure, said Tim Reid, President & CEO of Northlands. We need a plan in place prior to the

    opening of Rogers Place in September 2016. What is clear is that whatever the outcome is, it must be

    based on a solid financial model and community benefit.

    Some of the proposed scenarios include supporting the development of recreational facilities or an

    agricultural education centre. Other options include repurposing the facility to support the trade,

    consumer, conference and convention business in Edmonton.

    -30-

    No matter who you are, chances are youve experienced something amazing at Northlands, Northern

    Albertas premier entertainment and business destination. We are a not-for-profit, community service

    organization that owns and operates Rexall Place, the Edmonton EXPO Centre and Northlands

    Park Racetrack & Casino. For more information, please visit northlands.com.

  • For more information: Jennifer Sheehan Public Relations Manager, Northlands Office: 780-471-7303 Mobile: 780-902-2994 Email: [email protected]