kimmy Posted November 30, 2004 Report Share Posted November 30, 2004 SkyDome has been sold to Rogers Communications for $25 million, which I am guessing is probably about the cost of the land it's sitting on. I have heard that it originally cost $600 million to build, and that a large portion of that was provincial and federal taxpayer money. I was wondering if anybody knows what the original breakdown of construction costs was, and whether those have ever been recouped in anyway. I believe that SkyDome has been sold before, correct? Followup question: if SkyDome were in Montreal rather than Toronto, would there be a lot more talk about the federal money which appears to have been completely wasted on this thing? -kimmy Quote Link to comment Share on other sites More sharing options...
August1991 Posted November 30, 2004 Report Share Posted November 30, 2004 By the time construction of the retractable-roofed building was finished, it had cost taxpayers about $600-million.Those would be 1985 dollars.I gather the taxpayer paid most of the construction cost. I don't know how much federal money was put into it. According to the article, the Ontarion government sold the Skydome to a private firm for $151 million in 1994. Globe and Mail 29 Nov 2004 By comparison, the Olympic Stadium in Montreal cost $1 billion in 1976 dollars and Toronto's CN Tower cost $63 million (also in 1976 dollars, or $260 million in 1999 dollars). The Olympic Stadium was paid for entirely by Quebec taxpayers. Boston's "Big Dig" cost $14.6 billion US. Tip O'Neill got the feds to pick up the tab. Quote Link to comment Share on other sites More sharing options...
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