Money for the demolition of the former Northlands Coliseum has been determined, almost a decade after the arena closed. The demolition and updating project is thought to cost about $90 million dollars. Demolition is set to begin next summer. The improvement cost details were not released.
The City of Edmonton will be forking out about $35 million dollars for the project but will get $55 million dollars of that from Alberta government. The Coliseum opened in 1974 and has the been the site of countless concerts, rodeos and other events, and where the Edmonton Oilers won five Stanley Cups.
The city currently has continuing plans to expand the area where the arena is and the surrounding property into an urban village, including a new LRT station and mixed commercial and residential space.
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