The second phase of renovations at Toronto's Scotiabank Arena has begun. Keith Pelley, president and CEO of Maple Leaf Sport and Entertainment, did a ceremonial groundbreaking at the downtown arena this morning.
May 14, 2024 at 01:21 PM ETTORONTO — Emphasizing the entertainment in Maple Leaf Sports & Entertainment is the main reason for significant renovations to Toronto's Scotiabank Arena.
MLSE is investing approximately $350 million into the four-phase renovation of the 25-year-old arena that Pelley noted is the busiest in Canada, fourth busiest in North America, and 10th busiest in the world. Phase 1 was completed last summer and was focused on the 200 level of the arena, a section primarily dedicated to luxury boxes.
"It's really beginning the sort of the energy and the experience that the fan has been thinking about all day in the lead-up to their events," said Eaves as construction continued down the hall from him."Hopefully they're anticipating that as they approach the building, but as soon as they come in on this 100-level concourse, they'll feel that energy.
Both the Maple Leafs and Raptors have raised ticket prices over the past five years, but Eaves said that decision has nothing to do with the construction project.
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