Cost of Bombers' new stadium goes up to $200M

The cost of Investors Group Field has gone up to $200 million. (Reuters files)

The cost of Investors Group Field has gone up to $200 million. (Reuters files)

PAUL FRIESEN, QMI Agency

, Last Updated: 7:50 PM ET

WINNIPEG - Winnipeg's new football stadium is now officially a $200-million facility.

The Winnipeg Blue Bombers Friday revealed another $10 million is being poured into the facility for bells and whistles not in the original plans.

The enhancements include video ribbon boards, enhanced concessions, upgrades in the seating and several suites, plus better concert-hosting capability.

"These are additions that would have been made in future years," Bombers CEO Garth Buchko said in a release.

Adding them now will create "better cost-certainty, improves the stadium function, and will generate additional revenue," Buchko said.

The money will come from a bank loan taken out by BBB Stadium, Inc., the organization formed to manage the stadium. The group is made up of representatives from the Bombers, the city, the province and the U of M.

The Bombers are on the hook for repaying the loan over the next four years, from normal team revenue.


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