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August 12, 2012 | 10:03am ET
Flames want new arena

The Flames are hoping to secure a new building in the coming years, as the lease on the Scotiabank Saddledome runs out in 2014, the Calgary Herald reports.

Opened in 1983, the Saddledome is the sixth-oldest arena in the NHL and while it continues to increase in age, there isn't a rush to construct a new arena.

"We certainly won't be ready to move by 2014," Flames President and CEO Ken King told the Herald.

"If we dropped the flag and started building today, I don't think we'd meet the deadline. We have an arrangement to be (in the Saddledome) as long or frankly, as short, as required."

The Flames have been trying to secure a new facility for a few years, but with the team now the majority owners of the Calgary Stampeders of the Canadian Football League, the Herald suggests they could build a large sports complex to accommodate both hockey and football, in conjunction with commercial space, restaurants, bars and possibly a hotel.

King declined to comment on prospective sites, only willing to say "that what we're thinking about could be one of the defining projects in our city for many decades to come."

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