For years, a parcel of land west of the Traffic Bridge, south of 19th Street, and east of Avenue C has been the subject of on-again, off-again redevelopment plans. The site formerly held the Saskatoon Arena, a power plant, a branch of the Royal Canadian Legion, and the head offices of the Saskatoon Public School Division; all these structures have been demolished to make way for redevelopment, with plans for same dating back to the 1980s. The most recent version of the plan called River Landing is ongoing. Calgary developer Lake Placid has proposed a 200 million dollar mega hotel/condo project to be built on the site although Lake Placid had difficulty securing financing and missed an October 30, 2009, deadline to submit a 4.5 million dollar payment for the parcel of land which seemingly killed the deal. On November 16, 2009, it was revealed by Lake Placid that the financing should be secure within a week. In April 2010, Saskatoon City Council voted in favour of entering new negotiations with Lake Placid over the site.