Building a hockey arena can be an expensive undertaking. In fact, it can cost up to $100 million. But the end result is worth the price tag.
The average cost of building a hockey arena is $40 million, according to the International Ice Hockey Federation (IIHF). A smaller arena costs $20 million while a larger one costs $60 million.
However, these figures don’t include all of the costs associated with building an arena. They only take into account construction expenses and do not include other costs such as land acquisition and site preparation.
According to the IIHF, there are 13 countries with arenas that cost more than $60 million: Canada, Finland, Germany, Russia, Sweden and Switzerland have arenas that cost more than $80 million each; Austria and France have arenas that cost between $70 million and $80 million each; the Czech Republic has two arenas that cost between $65 million and $70 million each; Denmark has one arena that cost between $65 million and $70 million each; Slovakia has one arena that cost between $65 million and $70 million each; Hungary has one arena that cost between $60 million and $65 million each; Norway has one arena that cost between.
Cost to build a hockey arena
The cost to build a hockey arena depends on the size and complexity of your project. The average cost of an ice rink built in the US is $2 million to $3 million.
The costs of an ice rink can vary greatly depending on the size and complexity of your project. The average cost of an ice rink built in the US is $2 million to $3 million.
Ice Rink Running Costs
Operating an ice rink is a business, so it’s important to understand how much money you’ll be spending on operating costs each month. These costs include utilities, insurance, staffing and maintenance — all of which can add up quickly if you’re not careful about tracking them.
Ice Rink Financial Statements
A financial statement helps you track how well your business is performing financially over time so that you can make informed decisions about future plans for growth or expansion. You need this information if you plan to apply for a bank loan or investment capital in order to expand your business and grow its revenues even further.