Arbutus Properties’ inquiry to purchase the city yards located behind the police station may make some people wonder if that was a spot for where a potential downtown arena and convention centre could go. TCU Place CEO, Bob Korol says the plans and process for a new joint downtown arena and convention centre is in the very early stages and it’s too soon to determine of the inquiry by Arbutus Properties will have an effect on the location or even the possiblity of a downtown arena. Korol says he hopes something comes out of the study as a lot of work has been done to this point. Arbutus is hoping to purchase the city yards to develop a new grocery store and build housing on the 22 acres located just off 25th Street. The Vancouver company says they’re hoping to present city council with a detailed plan following a 6 month study. Last month it was determined that a joint downtown arena and convention centre was the best option for the future of both TCU Place and SaskTel Centre.