Arts Commons CEO Alex Sarian said the dual projects are two-thirds of the way to their fundraising goals, and the $420 million raised has enabled the first phase of the project.
“The Arts Commons Transformation project … a reimagined Olympic Park Plaza is the single largest cultural infrastructure project this country has ever seen,” Arts Commons president and CEO Alex Sarian said at a press conference in the Max Bell Theatre.
“Essentially what that allows us to do, the $420 , it allows us to breeze through construction of what is essentially Phase 1, our expansion, which has a price tag of $270 million,” the Arts Commons CEO said.The premier said the megaproject will benefit the city as well as the province. “It supports artists, organizations and audiences across Calgary and across Alberta, and this project will take this cultural site and enhance its impact even more, drawing more visitors and creating more opportunities for Albertans to experience, participate and learn about Alberta’s vibrant arts scene,” Tanya Fir said.In the 2024 budget that was tabled on Feb. 29, the province earmarked just $8 million over the next three years.
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