OSEG optimistic about Lansdowne's future despite financial losses
The Ottawa Sports and Entertainment Group (OSEG) reported continued financial losses for the Lansdowne Partnership, largely due to the Ottawa RedBlacks' poor performance. Despite this, OSEG remains optimistic that improved team performance could attract more ticket sales. The planned renovations, known as Lansdowne 2.0, will reduce seating capacity but are expected to enhance the venue's appeal. Concerns were raised about potential ticket price increases and the impact on future events, but OSEG emphasized the venue's strong occupancy rates. City officials highlighted the need for upgrades to attract world-class events, as the current facility struggles with issues like leaks. The new design aims to increase visitor numbers by adding events, although it will not expand retail space due to rising construction costs.