Quebec City announces bid for $400 million arena

BY foxsports • October 16, 2009

Quebec City has announced its intention to build a new arena in the hopes of bringing back an NHL team and one day hosting the Winter Olympics. Mayor Regis Labeaume said on Friday that he's hired engineering firm SNC Lavalin to conduct a feasibility study. He hopes to see the arena built from 2010 to 2012. Labeaume expects the arena to cost $400 million, with the city contributing $50 million to the project. He wants the federal and provincial governments to each pony up $175 million under infrastructure programs. Quebec lost the Nordiques in 1995, when they left to become the Colorado Avalanche. The aging Colisee arena has been cited as the main reason for the city's inability to attract another NHL team.