FOR IMMEDIATE RELEASE Libertyville, IL April 28, 2021.
On April 27, 2021, the Libertyville Village Board approved a two-year lease agreement with
Canlan Ice Sports Corp. (TSE: ICE) under the “Canlan Sports” brand name to operate the
Village’s Indoor Sports Complex facility which has been closed since March 13, 2020 at the
onset of the COVID-19 pandemic.
Canlan intends to reopen the Indoor Sports Complex on July 1, 2021, with a ramp up to full
programming by the fall. The lease agreement grants the option for Canlan to purchase the
complex at a later date.
The Village and Canlan intend to work in partnership to ensure that Village residents continue to have access to a variety of quality programs and services.
Speaking after the Village Board approved the lease, Mayor Terry Weppler said, “We are
excited to be leasing the Sports Complex to a professional organization that will help the Village
continue to offer programs to residents, while also strengthening the Village’s financial position.”
“The addition of this 169,000 sq ft sportsplex in Lake County IL, to our portfolio is consistent with our strategy to continue expanding our U.S operations by acquiring ice, turf and hard-court sports complexes providing long term benefits for both Canlan and the community. The Libertyville Sports Complex is only a short distance from two other Canlan Sports facilities
located in the northern Chicago suburbs. We look forward to working with the Village’s
Recreation department to ensure the citizens of Libertyville are well served” said Michael
Gellard, Canlan’s Executive Vice President.
“We are very pleased to be partnering with the Village of Libertyville by adding this versatile
sports complex to our group of assets in Illinois. This facility is our third non-ice sports complex,
and second in Illinois. We are grateful for all the work that has gone into getting this agreement
completed between the Village of Libertyville and Canlan Sports, and look forward to initiating
operations this summer,” added Canlan’s CEO, Joey St-Aubin.
About the Libertyville Sports Complex
The sports complex is a full-service sport center that contains two boarded turf fields, eight hard
court surfaces for volleyball and basketball, a climbing-rock wall, fully equipped fitness center,
with significant space available for other activities and 3rd party tenants. Outside, there is a fully
lit baseball diamond and an outdoor non-refrigerated boarded rink, with plenty of parking.