[GhostRider]

According to City Hall, it would take at least 2 years before they can stick a shovel in the ground. Here's an e-mail I received from City Hall:

At the present time, the City has not received an application or a formal proposal to consider a stadium facility on this site.

Were such a proposal or application received, it would be subject to a thorough planning process and review, which would normally have a number of stages including policy planning, rezoning, and a development premit. This would take at least two years. Each stage would include extensive public consultation with owners such as yourself, community groups, and interested parties generally.