City council has voted to permanently close the Coliseum, the former home of the Edmonton Oilers, which likely means the 40-year-old building will be demolished. Last December, a report to council said demolishing the building could cost the city between $15 million and $25 million. There is no use that I can see for this building and I think it's a matter of facing reality. The decision means the city can save $17 million in payments it doesn't have to give the Katz Group. In February, a city report recommended taking a year to hold consultations to come up with a concept for the future of the Coliseum site.

Source: CBC News March 23, 2018 22:44 UTC