City of Greensboro
RESULT AREA
DEPARTMENT
321
2015-2024
Capital Improvements Program
Tracking#
PROGRAM
Coliseum Capital Improvements
DISTRICT
1
ACCOUNT NUMBER
527-7501-01
PROJECT TITLE
New Performing Arts Center
TYPE
REQUEST
New
PROJECTED
START
PROJECTED
COMPLETION
Winter 2015
Summer 2016
Infrastructure
War Memorial Coliseum
PROJECT DESCRIPTION
The Greensboro Performing Arts Center is a new performing arts theatre facility
planned to replace the aging War Memorial Auditorium. This facility will be built
in downtown Greensboro . It is currently proposed at 3000 seats with a
downsizing curtain to create a 1500 seating set-up for Symphony and smaller
events. The facility would meet the needs of all area arts groups, national
touring Broadway plays and major concert and family show theatre tours.
$65,000,000
$53,500,000
Approved Funding:
Estimated Budget:
BUDGET INFORMATION
BUDGET COMMENTS
The $65 million figure represents current commitments to building a
performing arts center (e.g. $35 million committed in donations and $30
million committed by the Greensboro City Council). The current estimated
total cost of $65 million includes $11.5 million in land costs from FY 13-14.
Expenses
Planning/Design
Fiscal Year
Land
Construction
Equipment
Fiscal Year Total
0
0
0
33,500,000
33,500,000
14 15
-
0
0
0
20,000,000
20,000,000
15 16
-
0
0
0
0
0
16 17
-
0
0
0
0
0
17 18
-
0
0
0
0
0
18 19
-
0
0
0
0
0
19 24
-
53,500,000
0
0
0
53,500,000
Total
Revenue
General
Fund
Enterprise
Fund
Grants
Authorized
Bonds
Unauthorized
Bonds
Unauthorized
Bonds 2
Revenue
Bonds
Fiscal
Year
Other
Revenue
Fiscal Year
Total
33,500,000
0
0
0
0
18,500,000
0
0
15,000,000
14 15
-
20,000,000
0
0
0
0
0
0
0
20,000,000
15 16
-
0
0
0
0
0
0
0
0
0
16 17
-
0
0
0
0
0
0
0
0
0
17 18
-
0
0
0
0
0
0
0
0
0
18 19
-
0
0
0
0
0
0
0
0
0
19 24
-
0
0
0
35,000,000
0
0
Total
0
53,500,000
18,500,000
Operating Impact
Fiscal Year Total
Fiscal Year
Personnel
Maintenance
Operations
Capital Outlay
Revenues
0
0
0
0
0
-
14 15
288,000
100,000
0
0
388,000
-
15 16
288,000
100,000
0
0
388,000
-
16 17
288,000
100,000
0
0
388,000
-
17 18
288,000
100,000
0
0
388,000
-
18 19
0
0
0
0
0
-
19 24
Total
1,152,000
400,000
0
0
1,552,000
156
