In July 2019, the City of Calgary and Calgary Sports and Entertainment Corporation, agreed to fundamental terms and conditions for the development and construction of a new public sports and entertainment event centre. The new centre will be home to the city’s NHL, NLL, and WHL sports teams, as well as serve as a venue to attract top-tier music concerts, family shows, televised Award shows and international sporting competitions. The project also includes outdoor plaza infrastructure enhancements along Stampede Trail. Construction is scheduled to get underway in 2022 and wrap up by the end of 2024.