The Ford Performance Centre was built as a joint venture between the Toronto Maple Leafs, the City of Toronto government and the Lakeshore Lions Club at a cost of million, after cost overruns drove up the cost from $33.65 million, to replace the nearby Lakeshore Lions Arena. The Lions Club contributed $40 million to the project, with the city providing a $35.5 million loan guarantee. The Toronto District School Board leased the land for the arena to the Lakeshore Lions for a 50-year term. Maple Leaf Sports & Entertainment spent a further $5 million on training and medical facilities to make the building the practice rink of their two hockey teams, the Toronto Maple Leafs and Toronto Marlies. The Toronto Maple Leafs Hockey School is also held at the arena. MLSE pays $600,000 annually to rent the building. Mastercard purchased the naming rights to the facility for $525,000 a year. The facility, which is located at 400 Kipling Avenue in the New Toronto neighbourhood of Toronto, opened in September 2009. It has four NHL-sized rinks, one of which can be expanded to Olympic dimensions with 1000 seats, as well as extensive training facilities. According to Mastercard, the arena is "the first community ice facility to be built in the Toronto-area in the last 25 years." The arena was originally operated by the Lakeshore Lions Club, but in June 2011, with the arena unable to deal with its rising debt and on the verge of defaulting, the City of Toronto decided to take control and assume its $43.4 million debt. The arena had planned to have a restaurant and sporting goods store at the facility, but were unable to find a tenant leading to the financial difficulties. The city established the Lakeshore Arena Corporation, an arms-length corporation, on September 8, 2011, to take over the running of the arena, with the intention to return it to private management within 2–3 years. A city councillor suggested that MLSE, which operates BMO Field and the CNE Coliseum on behalf of the city, would be "the logical party" to take over the arena, and a spokesperson for the company said "while we don’t have any interest in purchasing the facility, we are open to discussing the possibility of managing the facility on behalf of the City of Toronto. MLSE's executive vice president of venues and entertainment Bob Hunter said they would bid for the right to run the building. After the arena's original loans expired and it was unable to find refinancing, the city provided a short-term loan. In November 2015, after finding that the debt was unsustainable, the city voted to write off $8.1 million of the $40 million it was owed by the arena. The arena is used by Hockey Canada for its national teams, as well as by numerous visiting National Hockey League teams. The NHL Alumni Association is also based at the Ford Performance Centre. The rink is also available for ice rentals by the public for leagues, tournaments, private rentals and special events. The Faustina Hockey Club offers both community house league and Select Hockey programs at the Ford Performance Centre. On Saturdays from September through June, Ford provides open, free ice skating for families. In 2011, it was the host venue for the third season of the CBC reality figure skating competitionBattle of the Blades, and subsequently hosted the fourth season in 2013. The venue hosted an international short track competition for the first time in November 2015. In the first half of 2019, Ford acquired the naming rights to the facility for an undisclosed amount, renaming it the Ford Performance Centre.
D.K. (Doc) Seaman Hockey Resource Centre
, a part owner of the Calgary Flames died on January 11, 2009 after a long battle with prostate cancer. In his honour, the Hockey Hall of Fame has named its new $4 million archive and resource centre at the Ford Performance Centre the D.K. Seaman Hockey Resource Centre. The Hockey Hall of Fame maintains an archive of historical items, their research and archival department. The facility replaces the archive and research library at the main Hockey Hall of Fame building in downtown Toronto. The space is shared with Hockey Canada.
