$500M expansion officially opens its doors and puts Calgary on the map as a world-class convention destination
CALGARY, AB, June 5, 2024 /PRNewswire/ -- Today, Calgary's BMO Centre at Stampede Park is ready to welcome the world, officially becoming Western Canada's largest convention centre with the grand opening of its 565,000 sq. ft. expansion. Following decades of planning and four years of construction, the over 1M sq. ft. Tier 1 convention facility opens its doors for the first time, not only creating an architectural landmark for Calgary, but making gatherings even greater with the ability to host a scale of convention the city hasn't been able to previously accommodate.
"For four years, we have been promising that the expanded BMO Centre will offer Calgarians, southern Albertans and visitors to our city a greater way to gather. Today, it is with immeasurable pride that we open the doors to the BMO Centre at Stampede Park," said Joel Cowley, CEO of the Calgary Stampede. "The BMO Centre expansion was built for Calgary and southern Alberta, with the vision of creating a world-class facility both in terms of design and the ability to provide exceptional guest experiences through our signature western hospitality. With the interest we've seen from the meetings and conventions industry before the doors have even opened, we know that this facility is going to have a positive impact on Calgary's economy by bolstering the tourism and hospitality sectors. We built this for our future, and we look forward to realizing the success of the expansion in the decades to come."
The expansion's first major event, the Global Energy Show, is already loading into the expansion's exhibition halls in preparation for their June 11 event, and there are another 500 conventions and events booked into the expansion post-opening to date. This also translates to filling restaurants, shops, rideshares and other attractions that make Calgary unique. The economic impact to Calgary will equate to approximately upwards of $100 million a year and provide thousands of jobs.
"We are proud to celebrate the grand opening of this remarkable expansion - brought to life by collaboration, partnership, and true dedication," said George Chahal, Member of Parliament for Calgary Skyview, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities. "A milestone for Calgary, the BMO Centre will be a beacon of community pride, offering new spaces for gatherings, exhibitions, and experiences, while making the city a destination for national and international meetings and events. We are excited to see the countless opportunities it will bring to Calgary."
"In recent years, we've been seeing Canada and the world choose Alberta more and more as the place to live, work, invest, and raise a family. The new BMO Centre is going to help keep that trend going by bringing more business and industry events to the heart of Calgary where they'll experience so many things that make this city great," said the Honourable Danielle Smith, Premier of Alberta. "This project is a testament to what we can accomplish when every level of government comes together. With its first major event just around the corner, I'm excited to see how the BMO Centre - now Western Canada's largest convention centre - shows the world all the reasons Calgary is the prime destination to host their events."
"With an increased ability to compete for world-class conventions and meetings thanks to the expanded BMO Centre, Calgary's reputation on the global stage cannot be understated," said Calgary Mayor Jyoti Gondek. "The expanded BMO Centre is unique to Calgary, unique to the Calgary Stampede and unique to the industry. This is an architectural icon as well as a community gathering place, and Calgarians can be proud that we built this second-to-none facility right here in the heart of The Culture + Entertainment District."
The building, designed by leading design team Stantec, Populous and S2, represents the next generation of convention facilities, one that promises best-in-class guest experience, boasts precedent-setting design architecture, and serves as a gathering place for convention attendees and the local community alike.
"When we began design with our partners in 2019, we asked ourselves how we could design a facility that pushes the boundaries of convention centre design and experience, and every decision we made from that point on was with that goal in mind," said Kate Thompson, President and CEO of Calgary Municipal Land Corporation, Development Manager for the project. "CMLC is incredibly proud to have delivered this project on time and on budget, and to have delivered on the world-class promise we and our partners set out to achieve. With the completion of this catalyst project, we have set the tone for the coming years of development in The Culture + Entertainment District, and we are looking eagerly ahead to building on this momentum as we continue to transform this district together."
Cowley continued, "The Calgary Stampede is grateful to our partners at CMLC for their expert delivery of the project, and to our generous funding partners - the Government of Canada, the Government of Alberta and The City of Calgary - for their $500M investment in this world-class facility. We are also grateful to BMO for their 10-year extension of the naming rights for this beautiful building as well as their partnership with the Calgary Stampede that dates back more than a century."
After more than 124 years of working together, the Calgary Stampede and BMO have renewed their partnership for another 10 years, through until the end of 2033. As a part of this agreement, BMO has extended the naming rights of the BMO Centre to the BMO Centre expansion, which will welcome guests from our community and around the world.
BMO has been a long-time supporter of the Calgary Stampede. In 1899 BMO became the official bank of the Calgary Exhibition, predecessor to the Stampede, and has been an official sponsor since 1914. From sponsoring prizes like a $5 bank account for best dressed and best window decorations in downtown Calgary during the 1923 Stampede, to hosting square dancing and street entertainment outside of their Stephen Avenue location in the early days, to hosting Stampede historical displays in BMO bank branches across the city in 2018 and 2019, BMO has always been a champion of the Calgary Stampede and community spirit.
"Developing strong partnerships within our communities is at the heart of what BMO does to boldly grow the good in business and life," said Mike Bonner, Head, Distribution, Canadian Personal and Business Banking, BMO. "It's an honour to be the naming sponsor of BMO Centre and to celebrate our partnership dating back to 1884 as the oldest business relationship in Western Canada. This landmark facility will serve as a gathering place the community and have a strong impact on the economy, further showcasing BMO's commitment to driving progress for a thriving economy, sustainable future and inclusive society for Calgary and beyond."
Calgarians are invited to tour the expanded BMO Centre for the first time on Saturday, June 8, during the Calgary Stampede's Community Round Up, presented by ENMAX, from 9 a.m. - 1 p.m. Join us for FREE pancakes, FREE parking and FREE family fair fun!
For More Information:
Emma Stevens
Director, Communications & External Relations
Calgary Municipal Land Corporation
estevens@calgarymlc.ca
587-387-2460
Christine Thompson
Corporate Communications Manager
Calgary Stampede
cthompson@calgarystampede.com
403.585.4132
About the Calgary Stampede
The Calgary Stampede celebrates the people, the animals, the land, the traditions and the values that make up the unique spirit of the west. The Calgary Stampede contributes to the quality of life in Calgary and southern Alberta through our world-renowned Stampede, year-round facilities, western events and several youth and agriculture programs. Exemplifying the theme, We're Greatest Together, we are a volunteer-supported, not-for-profit community organization that preserves and celebrates our western heritage, cultures and community spirit. All revenue is reinvested into Calgary Stampede programs and facilities. calgarystampede.com
About CMLC
Created and owned by the City of Calgary, Calgary Municipal Land Corporation (CMLC) exists to achieve the City's objectives for urban densification and community renewal, infrastructure investment and placemaking. An entrepreneurial group of hands-on doers and placemakers, CMLC's approach is rooted in community participation and designed to strengthen the connections between places, experiences and people. As the master developer behind Calgary's East Village and new Culture + Entertainment District, CMLC is leading over $1 billion in city-building projects and is the project lead on pillar projects in Calgary including the Arts Commons Transformation and the BMO Centre expansion. CMLC is delivering the 17th Ave SE Extension and Victoria Park/Stampede LRT Station Rebuild project on behalf of their partners at Calgary Transit and the Calgary Stampede. calgarymlc.ca
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
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