Since 2014, CSMI and the Ottawa Senators have championed the development of a state-of-the-art downtown sports and entertainment complex for the city's loyal sports fans and more importantly, as a turning point in the revitalization of our National Capital Region.
To that end, we invested thousands of hours of our employee time into the design, planning and development of a world-class vision. Unfortunately, that dream was delayed and sidelined by the unfortunate actions of partners who were unwilling to address the concerns we proactively and transparently raised to the National Capital Commission, the Mayor, the City of Ottawa and the public about the impact of adjacent developments, and economic modelling flaws on the viability of RendezVous LeBreton.
We looked to mediation as our best opportunity to address and resolve these concerns. We participated in the process to the very end.
We are devastated that our dream has been shattered. However, we will not let our vision die or allow our enthusiasm to be diminished by this ill-fated experience. More than ever, we are determined and committed to explore alternative approaches in central locations that could accommodate a world-class hub. We are here for the long term and want a world class venue where Ottawans will live, work, play and enjoy the best the city has to offer. The people of Ottawa deserve this.
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