r/whitecapsfc • u/bwoah07_gp2 • 2h ago
“Events create economy”: PavCo CEO Rehana Din on the Whitecaps, BC Place and Vancouver’s next big events
bcbusiness.caThere were only two questions specifically pertaining to the 'Caps that Rehana was asked. In my opinion, they were typical corporate answers. AKA answering the question without answering. But here, read it for yourself:
Let’s talk revenue split. The Whitecaps have called PavCo’s model, which takes parking and the majority of concessions and sponsorship revenue, financially unworkable. Is that model something you’re rethinking?
All I can say is, we’re having a lot of conversations with our two main tenants. And we want to find a way to help them achieve their maximum impact to their business by not hurting ours. We are revamping a little bit of what we’re doing and giving some more incentive to allow people to maximize their ability to generate revenue from the building.
So—what’s actually happening with the Whitecaps?
We’ve been working collaboratively with them for months. We have a great relationship between our two executive teams. By the time this comes out, we’ll probably have some clarity.