It is a conceptual drawing. And building a new theater from scratch could easily cost twice as much. It sounds like they're trying to "bundle" the $80 million for theater rehab into a bigger Convention Center project, I wonder if there is a way to "unbundle" it and just rehab the theater, which can clearly be done for a lot less than building a new theater somewhere else downtown with as-yet-unidentified sources of money?
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"Old ideas can sometimes use new buildings. New ideas must use old buildings."--Jane Jacobs
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