In July 2019, the City of Calgary, Calgary Sports and Entertainment Corporation, and the Calgary Exhibition and Stampede Limited, 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 and international sporting competitions. The project also includes outdoor infrastructure enhancements for Stampede Park. Construction is scheduled to get underway in 2021 and wrap up by the end of 2024.