Over $67 million has already been spent from the $101 million budgeted for the Cenovus Energy Hub in Lloydminster.
The latest numbers as of Dec. 2024 were presented at Lloydminster City Council GPC meeting on Feb. 10.
The details show that $67,408,932.00 has been spent of the $101,306,176.00 budgeted as of December 2024 with $33,897,244.00 left. The concrete pad for the new arena was poured in an all-day event on Jan. 31, 2025.
Other funds available include fundraising at $171,401.00 of which $90,000 was from the Chevy Good Deeds Cup. Sponsorship from several businesses amounts to $5,780,000.00, and more sponsors are being sought.
The list to date includes:
- Cenovus Energy – Facility Naming
- Lloydminster & District Co-op – Community Arena
- Synergy Credit Union – Lobby Stairs and Elevator
- Bry-Tan Trucking – Parking Lot Row
- Precision Contractors – Meeting Rooms
- G Force Diesel – Dressing Room
- Feldspar Inc. – Parking Lot Row
The Friends of Cenovus Energy Hub Committee is planning a radiothon fundraiser in April.
The sale of keychains to help Fill the Seats is ongoing at several outlets including Bioclean Aquatic Centre, Boardom Snow Skate Life, Boston Pizza, Factory Sports Excellence, Grindin Gears Bikes and Boards, Lloydminster Museum & Archives, Servus Sports Centre, Top Source for Sports and Willow Creek Clothing & Collectibles.
The project team is working on a “tender for the kitchen equipment, which will be
procured in Q1 of 2025.” Also, procurement timelines for furniture, fixtures, and equipment for the events centre. The completion of the new arena is on track for fall this year.
The full Q4 report is available on the city’s website.
