For those that were never in favour of hundreds of millions of tax payer money going into this project, I suppose there is some measure of satisfaction if this deal is off permanently.
However IF it is dead and the Flames do decide to leave town, then we have a big gaping hole in the development of the Rivers District. The Event Centre is just that ... the center piece for all development around it. I don't see a facility getting built just to hold concerts and the like. I also don't see other developers getting excited about building residential without the lure of the entertainment district. If they were that confident, then we would have had more building going on already. If this agreement is blown up then we are probably going to see many more years of barren and empty lots in east Victoria Park until someone comes along with a grander plan.