HALIFAX — An ambitious plan to build a stadium and entertainment hub near Halifax appears to be on shaky ground.
A local business leader involved in initial discussions about the venture says talks last year with U.S.-based Ridgehaven Holdings fell apart when it became clear the bid lacked key elements.
Jason Brunt, president of Halifax-based Clayton Developments, says the proposal didn’t have a business plan, feasibility study, financial analysis or proof of capital.
Representatives with the Delaware-based sports and entertainment company did not respond to requests for comment.
Brunt says the parcel of land that Ridgehaven was interested in has since been sold to another buyer.
Reports suggested the American firm had floated plans for a $1.5-billion project near Halifax Stanfield International Airport that called for construction of a 25,000-seat multi-use stadium, entertainment district and 8,000 homes.
“We made a push to get this,” Brunt said in a brief statement, adding that a business case never materialized. “We decided to move forward…with selling the land to other qualified bidders.”
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