Fi
♪ [hip hop]
Toronto gamers, you just got a major level up.
A brand new state of the art
$500 million eSports stadium was just announced.
♪ [epic]
500 million, million, million...
Its location, it's in the heart of the historic Exhibition Place
and it's scheduled to open in 2025.
But are its slick designs worth that epic price tag?
And will it take eSports in Canada to the next level?
Let's investigate.
We will be speaking with Richard Ng today
to hopefully gain some insight.
♪ [upbeat]
How will this venue be different
from walking to the
What makes this so special? What are the specs?
You know, it's interesting.
You know, there's a term that we have in the industry
and we'd say it's called purpose-built,
meaning this venue is made for a specific kind of purpose.
When you go to most arenas,
you're sort of -- imagine this, imagine this shaker cup.
Imagine this shaker cup is, like, are the players
or, you know, on a team.
Usually you're going all around.
You know, that's how an arena is built.
You know, you go to
we're sitting all around the Raptors,
all around the Leafs.
But at an eSports venue or a concert venue,
you're on one side and you're actually projecting outwards.
So what's really neat about this venue, though, is because
since it's meant to be for music and for gaming,
it means they have to have one heck of an amazing
audio visual system.
We're talking about not just big screens,
but really, really high quality,
because when we're watching eSports, we're basically
watching a gigantic game and an amazing competition happen
right behind where the players are. Right?
And on top of that, we know how important sound is.
I mean, I got these giant headsets on and everyone has,
you know, headsets when they're playing
and we know what it's like. You need to hear those sounds
to really get into the game.
And I really, really hope
they have good Wi-Fi connections.
Otherwise, how are we supposed to send messages to anybody?
Has to be the best of the best.
It better be.
You know, I'm just saying, if you can't get a really --
if you can't get a Wi-Fi signal in there,
well, there going to be hell to pay.
[laughs]
Someone's going to have to answer for that.
The group responsible for this stadium idea and build
is called
And their president and CEO, Chris Overholt,
had this to say about the new 7,000 seat stadium.
[Elijah reads]
So I have to ask, is it worth five hundred million?
I think it is.
You know, when you think of the economic impact,
the positive impact you can have
from having a venue like this and all the things you can do,
outside of localized job development,
being working the venue,
the jobs that will go into construction to build it up,
you know, the increased traffic in the area
that can drive and support local businesses.
I think it's actually a really good deal for --
it's really a good deal for all of us.
Are there any problems that would arise with this venue?
With any big venue and any big move in any city
I always hope that whoever builds those venues makes sure
that they take care of the neighbourhoods
that they're going into.
You know, you're always a guest whenever you go somewhere.
And this venue just happens to be
down the street south of Parkdale.
So always remember when you're going to come in
and bring a whole lot of people to a neighbourhood,
don't forget about the neighbourhood
and the people that are already there.
They'll always welcome you,
but make sure you tell their stories too
and find a way to include them.
Yes, the venue does cost $500 million,
but it will build a legacy and an impact,
you know, not just for the area, but for the whole --
the city as a whole.
So 2025, game on?
A hundred per cent.
Looks like Rich and I will be keeping an eye
on this next gen stadium.
Do you think you'll check out
this new gaming and entertainment space?
Let us know at cbckidsnews.ca.
So there you have it. That's how we break it down.
And if you enjoyed this video, be sure to stick around.
Go watch another, because this one is almost done.
I'm Elijah Sandiford and this is
Peace.
♪ ♪