GSL Group has responded to the City of Kelowna’s announcement that it is looking for a new operator to take over Prospera Place.
President and CEO Graham Lee said his organization has continually expressed interest in working with the city on a new agreement for a shared, long-term vision for the facility.
“We informed the city in December that we would be providing them with a proposal, which they will receive in the coming days,” said Lee. “As the owner and operator of Prospera Place, we have a vision to foster a thriving, vibrant arena district in the heart of Kelowna.”
Lee added that the vision includes long-term investments in Prospera Place so it can continue to be a first-class entertainment facility for decades to come.
“Our proposal for the city will include plans for new investments in seating, dressing rooms, amenities, and other AV technology. “While the 30-year agreement we have is clear that the city is responsible for capital repairs and upgrades, we are prepared to contribute to improving Prospera Place for the future.”
The city issued a news release on Jan. 24 stating it informed GSL Group that a planning and investment strategy for the facility, with a new partner, will begin shortly.
The agreement between GSL and the city expires in 2029.
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