Tuesday, June 9, 2009

Gateway to ???

Gateway Park is looking to build an amphitheater on top of the abandoned water treatment plant as part of the Trinity River Vision. There were several comments from the article that stood out to us.

To build the amphitheater as designed would require $11 million to $13 million.

For $11.86 million, the city could build a 6,500-seat venue -- 3,500 permanently covered seats and 3,000 lawn seats. That would require about 2,000 parking spaces, at an additional cost of $4.43 million.

"I'm pretty confident we can raise the dollars," Harwood said. "We talked informally with people prior to our economic collapse. I think there was a big interest from name sponsors, and I think it will be there when the economy turns around."

Of the five venues, two are profitable, two have yearly losses, and the fifth did not provide information, according to the study.
The study said the Gateway amphitheater would turn its first profit, $29,861, in the seventh year. It is projected to host 26 events in the first year and 36 by the 10th year

As part of the ecosystem cleanup of the Riverside Oxbow along the Trinity River, 3 million cubic yards of dirt will be moved, with 1.5 million of those placed on top of the old Riverside Wastewater treatment plant, which is contaminated.

It doesn't seem to be the only thing contaminated around here.

1 comment:

Landslide said...

Isn't it wonderful that the city can conjure up economic losers and keep their roads in sorry condition at the same time. A real sense of priorities.