Hamilton Tiger-Cats president Scott Mitchell unveiled plans at the Hamilton Chamber of Commerce yesterday for a new Pan Am stadium complex.
It includes a 25,000 seat home for the Tiger-Cats at Longwood Road and Aberdeen Ave and it would include a hotel, convention centre, restaurants, even a townhouse development.
The city and the team had been at odds over the location, but according to Mitchell itís all sweetness and light. New mayor Bob Bratina is committed to the project and providing a new home for the football team. Now all they have to do is find a way to pay for the project.
The city has committed $45 million, with the provincial and federal governments splitting a $57-million contribution. The team has committed up to $10 million, for a total of $112 million. The Ticats will take over yearly operating costs estimated at $3 million and will give $5 million to purchase railway yards. That still leaves the stadium funding short of about $53 million. ďIím confident this is a great site and Iím confident we can work with the city,Ē said Mitchell.
The Pan Am Games organizing committee (Hostco) has given Hamilton a Feb. 1 deadline to provide a site. However Bratina indicated the actual deadline to begin construction on a site isnít until April 2012.