the republic logo

Plan for World Trade Center performing arts center shrinks as it's dealt another blow

bug
Share/Save/Bookmark

NEW YORK — A performing arts center planned for the World Trade Center has been dealt another setback.

The New York Times reports (http://nyti.ms/1VErU1g ) the corporation in charge of downtown redevelopment said Thursday the project should come in at no more than $200 million. That's about half the original cost.

The Lower Manhattan Development Corporation says the $99 million in federal funds committed to the project are contingent on the center's leaders producing an affordable design with a plan for raising money.

It's another setback for a project conceived more than a decade ago and that has been curtailed over the years.

The center's president, Maggie Boepple, says they can do a great building for $200 million.

The center hired acclaimed British theater director David Lan as a temporary artistic director last year.


Information from: The New York Times, http://www.nytimes.com

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Subjects:

 

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.