NHLs Ottawa Senators reach downtown arena deal with National Capital Commission [Video]

It went down to the deadline, but the National Hockey League’s Senators have an agreement to build a new arena in downtown Ottawa.

The Senators and the National Capital Commission announced an agreement at a joint press conference Friday that would see the Senators purchase a 10-acre plot at the downtown LeBreton Flats site for the development of a multi-purpose facility, including an NHL arena.

The team had entered a memorandum of understanding with the NCC to develop the downtown LeBreton Flats area, with a deadline of Friday to reach a deal.

The price tag for the agreement has not been revealed.

The Senators say they cleared a couple of hurdles by being granted the ability to purchase rather than lease the land and get more than the six acres initially offered by the NCC.

“It’s a great first step, but we’ve got a lot of work ahead of us here,” Senators president and chief executive officer Cyril Leeder …