May 10, 2023
i feel like a teen me might have been really tickled by all of the celebrities who’ve thrown their hat in the ring for the ottawa senators (like ryan reynolds, snoop, the weeknd) but knowing that big sports franchises are plays for big redevelopment just makes me anxious and depressed now.
housing prices and rent already too high in ottawa? just wait until a big developer buys the team and redevelops swaths of downtown, especially the more affordable parts.
just a hint from this article:
"How do you make money off an ice hockey team if they're not going to win the Stanley Cup every year? What we've learned in the last two decades is that sports franchises are the ultimate anchor to unlock real estate plays," said Naraine.
