Admittedly this is much smaller then the DCU Center, but I read this story today. There renovation project cost 2.5 million, while the DCU is slated for 25 million which we all know will be 30 million. How will we pay for this? The extra "net new" revenues from the special downtown district, as well as a hotel on Plantation Street, is suppose to spin off enough "net new" revenue to pay the debt on 25 million?
This needs to go the way of the Skybridge and the City of Worcester needs to consider a long term leasing or outright sale of the CDU Center and let the new owner or leasee make their own improvements. This is exactly what Fitchburg, throught the college, is doing. Below is from the story:
College officials hired FMC Arenas, based in Pembroke, to manage the Wallace Civic Center on a temporary basis, then sought a request for proposals from firms looking for a long-term contract. Mr. Antonucci said college trustees will be discussing a proposal from FMC tomorrow for a 25-year pact. Trustees have been pleased with the work done by FMC, the president said, and the lease includes a substantial reinvestment in the building itself
CWW: Memorial Day book sale - The First Parish Unitarian Universalist in Northborough will once again have their Memorial Day Fair, a great book (and plant) sale, from 10am-3pm. Great ...
56 minutes ago