The plan to develop and renovate Arts Commons is shifting a step nearer to actuality with an settlement to start out the method of selecting a workforce to design the $400-million undertaking.
The Calgary Municipal Land Company (CMLC) will act as the event supervisor in a partnership with town and Arts Commons.
“With the freshly signed settlement in place, step one within the design course of can be a aggressive procurement course of to assemble the design workforce who can be answerable for the design growth over the subsequent two years,” CMLC mentioned in a launch Friday.
Section 1 of the undertaking will contain constructing a $240-million facility on the west finish of Olympic Plaza that can function a 1,200-seat theatre, two smaller theatres, rehearsal area and an elevated hall that can join it to the present constructing throughout Eighth Avenue.
Development is predicted to start out in 2024.
Section 2 will begin as soon as the primary part is full and includes the revitalization of the present Arts Commons area.
The undertaking is called Arts Commons Transformation (ACT).
“At the moment’s milestone announcement guarantees a powerful contribution to the financial restoration of our nice metropolis, a big long-term funding in our arts group, and the monetary sustainability of the artists and corporations that decision Arts Commons dwelling,” mentioned Arts Commons president Alex Sarian.
“As we start to get well from the lack of reside efficiency, ACT will present a beacon of hope for the artistic way forward for Calgary: a state-of-the-art dwelling that can appeal to world-class artists, group companions and humanities lovers from close to and much,” he mentioned.
In March, town mentioned it had up to now secured $160 million of the $240 million required for the undertaking’s preliminary part.
Because the design course of now strikes forward, Arts Commons mentioned it can proceed to actively pursue the remaining funding.