Mayor Jyoti Gondek says it appears the Calgary Flames intend to pull out of the multi-million dollar Event Centre arena complex project.

The mayor said in a series of tweets that Murray Edwards, chairman of Calgary Sports and Entertainment Corporation, informed her Tuesday that the Flames intended to B次元官网网址減ull the plug on the deal.B次元官网网址�

B次元官网网址淲e have come to the conclusion where the Event Centre deal is not moving forward,B次元官网网址� Gondek said at a news conference.

B次元官网网址淭here was additional funding that had to be taken on by Calgary Sports and Entertainment Corporation. It appears that they are unable to make that financial commitment, following the approval of their development permit, so it would appear that they are ending the deal.B次元官网网址�

TuesdayB次元官网网址檚 news comes after several stop-and-start years around the project. The city and the Calgary Flames originally agreed to terms in 2019 on the Event Centre that would replace the Scotiabank Saddledome, the FlamesB次元官网网址� home since 1983.

The original estimate of $550 million to build the 19,000-seat arena was to be split between the city and the corporation, which owns the Flames, the Western Hockey LeagueB次元官网网址檚 Hitmen, Canadian Football LeagueB次元官网网址檚 Stampeders and National Lacrosse LeagueB次元官网网址檚 Roughnecks.

But Gondek said some costs, including B次元官网网址渃limate mitigationB次元官网网址� of $4 million and B次元官网网址渞oad/sidewalk right of way issuesB次元官网网址� of $12 million were still being negotiated.

B次元官网网址淭he City came to the table to assist with $6.4m in roadways leaving $9.7m for the Flames,B次元官网网址� Gondek posted. B次元官网网址淏ased on this gap of $9.7m, I am told CSEC is walking away from our deal.B次元官网网址�

Gondek said she is disappointed that B次元官网网址渙n a project worth over $650m, to have one party walk away for 1.5 per cent of the value of the deal is staggering.B次元官网网址�

B次元官网网址淚 wanted Calgarians to be the first to know. I am as disappointed as all of you that this is the way things are ending.B次元官网网址�

The Flames did not immediately respond to a request for comment from The Canadian Press.

A city website says the Event Centre will be a year-round, gathering place for Calgarians.

B次元官网网址淚t will be home to the Calgary Flames, Hitmen and Roughnecks and all who cheer them on. The venue will attract major sport events as well as some of the worldB次元官网网址檚 leading performing artists, creating a hub for connecting community, entertainment and sport.B次元官网网址�

B次元官网网址� The Canadian Press