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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 03-26-2010, 12:11 PM   #1
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Exclamation New $450 million entertainment complex to be attached to B.C. Place

http://www.news1130.com/news/local/a...d-to-b-c-place

VANCOUVER (NEWS1130) - Vancouver's getting a new 680,000 square foot entertainment complex, which will make its home next to B.C. Place. Premier Gordon Campbell made the official announcement Friday morning saying it will be built just west of the stadium and attached to it. The city will also have to do some re-zoning for properties around Robson and Beatty Streets so construction can begin next year.

Roughly 8,500 jobs are expected to be created as a result of the project. The jobs will include permanent placings once the facility opens and those in the construction sectors. The building will also include two major hotels, five restaurants and a 100,000 square foot casino. Organizers are calling the project a revitalized streetscape for the area.

The complex, which comes with a $450 million price tag, is expected to increase B.C. Place's revenue by 60 per cent annually in the long-term. During the first year the province is expected to collect revenues of up to $130 million.


Premier Gordon Campbell says it will be a major economic engine downtown. "We'll become a new marketing centre for restaurant activity, for tourism activity and for hospitality in general." Campbell added the province is not worried about more casino-related crime in the downtown core.

Currently there is another casino in the area, the Edgewater Casino sits on the other side of the stadium -- it will close once the new one opens its doors in 2013.

Meanwhile, Richmond Mayor Malcolm Brodie says he has never believed the social costs of gambling expansion outweigh the financial benefits, but says now that the River Rock is established in his community some of those concerns have been alleviated.

Brodie says the city has had to hire another five RCMP officers to deal with issues like loan sharking that come with a large casino. "I do believe there is a great social cost to having expanded gaming in your city. However, it also seems to be the way of the future and the way of the present. It provides an important source of revenue for the cities."

The City of Richmond receives about $12 million annually in revenue from the River Rock's presence. Richmond has also established a community gambling addictions program.

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Old 03-26-2010, 12:20 PM   #2
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What the fuck is on the roof of BC Place
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Old 03-26-2010, 12:26 PM   #3
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I look forward to it!
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Old 03-26-2010, 12:32 PM   #4
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Sweet, finally BC place can fit larger events or Multiple events. I always thought BC place was too small to host events like car shows and Expos.

Regarding the roof, that's the new roof that they'll put up. It's retractable.
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Old 03-26-2010, 12:34 PM   #5
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It definitely makes it look a bit more attractive that's for sure.
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Old 03-26-2010, 12:36 PM   #6
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What the fuck is on the roof of BC Place
that my friend is our tax dollars on the roof
just hope its well managed and done, unlike VANOC/olympic village fiasco
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Old 03-26-2010, 12:55 PM   #7
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Daaaaaaammmmn $450 million?!!? Isn't that worth more than the current BC place?

More like "B.C. Place to be attached to new $450 million entertainment complex"
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Old 03-26-2010, 12:59 PM   #8
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^ Material Cost buddy.
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Old 03-26-2010, 01:23 PM   #9
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Old 03-26-2010, 01:27 PM   #10
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Awesome! About time Vancouver gets something like this
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Old 03-26-2010, 01:40 PM   #11
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nice! i hope they have a poker room unlike grand villa...
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Old 03-26-2010, 01:47 PM   #12
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can we get another playdium
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Old 03-26-2010, 01:57 PM   #13
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Daaaaaaammmmn $450 million?!!? Isn't that worth more than the current BC place?

More like "B.C. Place to be attached to new $450 million entertainment complex"
The cost to replace BC Place with a new stadium would cost 1.1 to 1.2 billion, so the current cost to renovate it with a retractable roof is a bargain. So no, it's not worth more than your BC Place.
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Old 03-26-2010, 03:18 PM   #14
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I'm on the fence about this myself. Edgewater Casino has been a failure, so they should have a chance to change location and become profitable. On the other hand, the current design looks tacky and doesn't fit in with the rest of the area. You can be sure that residents in the area will complain and complain loudly.

But all in all, seeing that gambling/lottery revenues fund our social programs, we should all hope that this thing rakes in the dough. We gotta get the money launderers to pay for their fair share somehow, right?
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Old 03-26-2010, 03:27 PM   #15
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we should become more like singapore.
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Old 03-26-2010, 04:13 PM   #16
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nice!
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Old 03-26-2010, 04:42 PM   #17
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looks sweet cant wait
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Old 03-26-2010, 05:36 PM   #18
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Old 03-26-2010, 05:42 PM   #19
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A start of taking away the name NO FUN VANCOUVER. This is awesome to see and I personally think from the way we handled the Olympics we are going to start seeing more projects like this to help are economy and to attract the tourists for something other then our beauty and mountains.
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Old 03-26-2010, 05:47 PM   #20
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i thought we were broke..
It's OK, they just took more of our money out of the ICBC surplus to pay for it
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Old 03-26-2010, 07:11 PM   #21
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Hello another Casino?
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Old 03-26-2010, 07:15 PM   #22
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so this $450k complex is in addition to the half billion dollar BC place renovation?

i dont really understand its purpose?
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Old 03-26-2010, 07:44 PM   #23
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casino? tax on the poor.
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Old 03-26-2010, 08:30 PM   #24
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The cost to replace BC Place with a new stadium would cost 1.1 to 1.2 billion, so the current cost to renovate it with a retractable roof is a bargain. So no, it's not worth more than your BC Place.
The new and ugly roof is costing us $458m, plus $450 for the new entertainment compex. I was reading that London built a brand new standium from the ground up for "only" $700m. If it wasn't for BC Places iconic look we should tear the thing down... Actually just tear it down and build a new one with a similar look.
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Old 03-26-2010, 08:52 PM   #25
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Edgewater expansion
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