Edmonton Downtown arena
Encyclopedia
The Edmonton Downtown arena, or simply a new Edmonton arena, is the name being used for a new multi-use indoor arena in Edmonton
Edmonton
Edmonton is the capital of the Canadian province of Alberta and is the province's second-largest city. Edmonton is located on the North Saskatchewan River and is the centre of the Edmonton Capital Region, which is surrounded by the central region of the province.The city and its census...

, Alberta
Alberta
Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...

 that is currently in the planning stages. It will mainly be used for ice hockey
Ice hockey
Ice hockey, often referred to as hockey, is a team sport played on ice, in which skaters use wooden or composite sticks to shoot a hard rubber puck into their opponent's net. The game is played between two teams of six players each. Five members of each team skate up and down the ice trying to take...

, and other indoor sports, as well as music concerts. The planned opening date is the fall of 2014 and will have a capacity of 18,500 spectators. Once completed, the arena will replace Rexall Place
Rexall Place
Rexall Place is an indoor arena in Edmonton, Alberta, Canada situated on the north side of Northlands. It is currently the home to the Edmonton Oilers of the National Hockey League, the Edmonton Rush of the National Lacrosse League and the Edmonton Oil Kings of the WHL...

 as the home of the NHL
National Hockey League
The National Hockey League is an unincorporated not-for-profit association which operates a major professional ice hockey league of 30 franchised member clubs, of which 7 are currently located in Canada and 23 in the United States...

's Edmonton Oilers
Edmonton Oilers
The Edmonton Oilers are a professional ice hockey team based in Edmonton, Alberta, Canada. They are members of the Northwest Division in the Western Conference of the National Hockey League ....

.

The arena will cost $450 million. The city of Edmonton will pay $125 million, the Katz Group will contribute $100 million, and $125 million will come from a user-paid facility fee. The remaining money could come from the Province or Federal agencies.

On October 26, 2011, the Edmonton City Council approved to move forward with the arena deal by a vote of 10 to 3.

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