City council in Moncton, N.B., is going to pursue a new arena and events centre to be built somewhere downtown.

Council has accepted a committee report that recommends the city build a new 9,000-seat
facility at a cost of between $75 million and $80 million. But there are conditions on the project going ahead, including the development of an acceptable business plan.

The city says it must also get infrastructure funding from Ottawa and the province, and there must be an agreement with a major tenant for the building.

The arena would replace The Coliseum, which is almost 40 years old and is located on the western edge of the city.

The Halifax Metro Centre is the largest arena in Atlantic Canada with a seating capacity of more than 10,500.

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