CTV News has learned “significant news” is coming Friday regarding ongoing discussions to build a new downtown arena for the Ottawa Senators.
A joint news conference will be held at 1 p.m. today by the Senators and the National Capital Commission to provide an update on the status of the Memorandum of Understanding between Capital Sports Development Inc. and the NCC.
Earlier this month, the Ottawa Senators said they were making “some progress” with the NCC, citing ongoing negotiations ahead of Friday’s deadline.
The NCC entered into a memorandum of understanding with the Capital Sports Development Inc., the Senators ownership group, in June 2022 to develop a new major event centre on seven acres of land on Albert Street between Preston Street and City Centre. The NCC provided a one-year extension until September 2024 after the ownership group led by Michael Andlauer purchased the club.
More to come