The Argos wanted a state of the art stadium 30 years ago.
Half a billion dollars of taxpayers money, and they got it.
Then, the Argos decideded that they needed a more intimate stadium, and on October 20, 2004, on the Daily Commercial News and Construction Record web site that
"York University has announced that an agreement has been reached for the construction of a 25,000-seat stadium on the York University Keele campus. The stadium will be the new home of the Toronto Argonauts and a worldclass venue for Canadian soccer.
The new stadium, which will become part of the regional athletic centre being created on York’s campus, will also play a significant role in the Canadian Soccer Association’s (CSA) hosting of the 2007 FIFA World Youth Championship, which will be played in six Canadian cities. The championship has a budget of approximately $30 million, almost half of which will be spent in Toronto.
“This $70-million project is an example of successful co-operation between governments, York University, amateur and professional sports,” said Joe Volpe, federal Minister Responsible for the Greater Toronto Area, who confirmed that the federal government will be contributing $27 million toward the cost of the new stadium.
Ontario Minister of Tourism and Recreation Jim Bradley stated: “The McGuinty government is pleased to be a part of a project that will greatly improve recreational opportunities for the local community, the university and athletes across Ontario.”
York University will provide the land for the new stadium as well as $15 million.
Private funding, led by Argo coowners Howard Sokolowski and David Cynamon, will contribute another $20 million, and the Ontario government will provide $8 million. In addition, the Argos will be responsible for any operating shortfall on an annual basis that might arise from the operation of the stadium. The new stadium, which will become a home for Canadian soccer, home field for the Argos in 2006, and host the FIFA World Youth Championship, will remain the property of York University.
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Next, on May 12, 2005, the CBC reported that:
York University has pulled out of a plan to build a new $70-million sports stadium on its campus in Toronto.
The move comes less than a month after the CFL's Toronto Argonauts dropped plans to relocate the proposed facility. The Argos opted instead to remain at the Rogers Centre in downtown Toronto after being offered rent-free use of the dome.
The Argos were committed to contribute $20 million to the project, as well as any cost overruns for the 25,000-seat stadium. The federal government committed $27 million and the provincial government another $8 million. The university was to donate the land and $15 million.
The project was scheduled to break ground this summer.
However, with the Argos no longer involved, York decided it was best to pull out of the project too.
So, to hell with the Argos.