photo New Raleigh
UPDATE: The City Council voted 7-1 to continue on the amphitheater, with only Crowder opposing.
WRAL is reporting that a deal has been signed between the City of Raleigh and Live Nation to bring the highly anticipated concert amphitheater to Downtown Raleigh. The amphitheater would be located across from the Raleigh Convention Center in the empty lot. Any deal with Live Nation seemed dead back in August, but it is a relief to see that it has popped up once again.
There will be a boutique amphitheater and festival grounds on the site. No word as to when the actual concerts will begin, but one day we will have an amphitheater in downtown. Hopefully it will be by Summer of 2010.
City Manager Russell Allen said he would ask the City Council on Tuesday to shift $1.6 million into accounts so contractors can be hired to construct seating for 4,200 people on the grassy slope. The amphitheater also will have standing room for another 800 people.
“This is one of those things that will bring people to our city, particularly in the summer when we need them here,” Mayor Charles Meeker said. “It will help make the town more lively. It’s not the only thing going on, but it’s one of many things happening.”
LiveNation will bring 15 to 20 shows a year to Raleigh, and the city will use the venue for several local shows as well, Meeker said.
Allen said the amphitheater would be comparable to one in Chastain Park in Atlanta. Raleigh plans to use a portable stage to keep construction costs to $2.6 million, he said.
The city might use money from hotel room and restaurant taxes to pay for the balance of the construction costs, officials said.
The facility could generate a $500,000 a year profit, Allen said.
Below is a photo of the Chastain Park Amphitheater in Atlanta.
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