There was a player poll done a few years ago and Winnipeg and Edmonton were near the top as least desirable places that players want to go and play. That's why the Jets had to overpay to keep someone like Blake Wheeler around, an American.
The optimist in me hopes that once this is torn down, we see development on the site within a few years, or sooner.
The pessimist in me sees this site sitting un-developed for many years.
Let the optimist side of me come out Edmonton!