Saskatoon is Winterstrong

Saskatoon in Winterstrong

I have long said that Saskatoon could and needs to do winter better.  Instead of complaining about it, we need to embrace it like Edmonton has done.  With the arrival of winter today in Saskatoon, I decided to come up with a list of 30 awesome things to do in Saskatoon this winter (actually it is 28 things, one awesome thing is in North Battleford and one in PANP).  If you have any ideas, let me know on the page.  I’ll add them all.

Turning 40

Today mark’s my 40th trip around the sun without being tossed off.  I guess it also means that I am middle aged.  That being said, Time Magazine once said that 50 is the new 30 so I guess that makes me 25 or so.  Not sure if that is a good thing or a bad thing.

To celebrate my birthday, we have spent the last couple of days where it all began; in Edmonton.  Yes I was born in Edmonton.  I don’t like to talk about it because it wasn’t my choice and it is Edmonton after all.

We got up at Sunday at 5:00 a.m., left Saskatoon at 6:00 a.m., were in Lloydminister for breakfast at 8:30 a.m. and in Elk Island National Park by 11 a.m.  After talking some photos of some bison, it was off to Edmonton.  Wendy used some Airmiles to book a decent hotel, the boys have spent the last couple of days enjoying West Edmonton Mall and I got out in the warmer weather and took some photos around the city.  I’ll post them online when I get back to Saskatoon.

I don’t really think of Edmonton as home.  I was born there and only lived there a year before moving to Rainbow Lake and then settling in Calgary for a decade.  Growing up as a Calgary Flames hockey fan, I used to despise Edmonton in the same way someone from Springfield thinks of Shelbyville.  Since things have changed (and both Calgary and Edmonton can’t play hockey),it is nice to be back, even if it does mean wandering up and down a mall.

Invicta Watch

For my birthday, the boys gave me a Pentax WG-10 rugged compact camera while Wendy gave me a GoPro 3+ Silver Edition and a really nice Invicta dive watch.  Maggi gave me a Denver Broncos sign that I will hang at the cabin.  Two of the four gifts say, “get outside more often” and after this winter, I can’t agree more.

The plan is to have dinner with the boys tonight at a local restaurant and then head down to Winston’s for a Diet Coke with some friends.

My brother gave me a DeWalt cordless drill and a bit set.  We are planning to build the deck on the cabin this summer and he included his ideas as well.  A 10×10 deck out back and a 8×8 deck in the front yard.  We should have it built in a day.

Value investing in arenas

As a hockey fan, this kind of hurts

Josh Harris said Newark’s Prudential Center was a more important financial piece in his purchase of the New Jersey Devils than the hockey team itself.

Harris and David Blitzer, a New Jersey native and senior managing director of Blackstone Group LP, purchased the National Hockey League franchise last month in an agreement that also gave the partnership control of the Prudential Center.

Located three blocks from Newark’s main transportation hub, the $385 million Prudential Center was opened in 2007. Harris called it “one of the most modern arenas in the country.”

“And we think that with the new capital structure and the new ownership group and the new management that we put in, that we’ll be able to make this arena really realize its potential financially,” Harris said in a Bloomberg Television interview.

Harris, who bought the National Basketball Association’s Philadelphia 76ers in 2011, acquired the NHL team in a deal valued at about $300 million.

Harris has already made changes to the Devils’ business personnel, hiring Scott O’Neil as chief executive officer. The former president of Madison Square Garden Sports, O’Neil is also the chief executive of the 76ers.

Harris said he viewed the Prudential Center as complementary to New York City’s two main arenas, Madison Square Garden in Manhattan and the Barclays Center in Brooklyn. The home of theNBA’s New York Knicks and NHL’s New York Rangers, the Garden is completing a $1 billion private renovation. The $1 billion Barclays Center, home of the NBA’s Brooklyn Nets, opened last year.

“If you’re a big concert event and you stop in New York, you’re probably going to play one of MSG and Barclays, and this arena,” Harris said of the Devils’ home.

O’Neil said in another Bloomberg Television interview last week that the Prudential Center was the fourth-highest grossing arena in the nation, behind Barclays, the Garden and Staples Center in Los Angeles. He didn’t offer specific figures or the source of his information.

Located about 11 miles (18 kilometers) from New York City, the Prudential Center has been a one-tenant building since the Nets moved to Brooklyn prior to the 2012-13 season. Harris said the venue’s concerts and special events would be enough to sustain the building without a second professional team.

“Having a basketball team, an NBA team, in this arena is not in the business plan right now,” Harris said. “We don’t think it’s necessary.”

Interesting bit of arena drama right now in New York.  You have Madison Square Garden being evicted, the Nassau Coliseum being totally renovated and refurbished, the Baclay’s Centre opening, and now the New Jersey Devils being purchased not for the team, but because it gives them access to Newark’s Prudential Centre.

In case you think this is just a New York thing, check out what MSG is doing with the old Los Angeles Forum, a building many thought would be torn down.

The first thing to consider is that arenas are costing $300 million dollars at least with many heading towards the $500 to a $1 billion range (depending on land prices).  Older arenas like Nassau and The Forum now have tremendous value, if you can call a $100 million renovation a value, in part because modern arenas have become so expensive, they aren’t viable in non-premier markets.  Remember that the City of Edmonton is paying a subsidy to the Edmonton Oilers to operate their new arena and Glendale is paying a large subsidy to the Coyotes to manage their arena.

Live and make money in Edmonton

So Detroit isn’t the only place with a compelling story.  Take a look at this video about why you should move and dream in Edmonton.

Here is Mayor Stephen Mandel making the argument to invest in Edmonton

And now Paul Douglas, the CEO of PCL explains why they work and live in Edmonton.

Of course a video on how awesome the University of Alberta is and how it will make your business money.