Top Dallas financial and convention center officials say that based on advice from the city’s financial adviser, $1.5 billion currently appears to be the most...
Fleming told council members that the immediate impact of the current lower figures is that a deck park planned to be built over Interstate 30 may have to be split from the funding strategy for the overall project.includes the park. Construction for the new center is planned to start in 2024 and finish by 2028. The deck park is slated to be done in 2030.
after the meeting that the 2020 data used in the latest market study projected the city wouldn’t start seeing revenue from convention center events and the hospitality industry return to around pre-pandemic levels until 2025. But she said it actually happened last year. Jack Ireland, the city’s chief financial officer, said during the May 22 meeting that the City Council will be asked in June to approve moving forward with the first bond sale and payment of issuance costs, expected to be $223 million, and vote again in August to allow the bond to be issued. Of that amount, $170 million would go toward engineering and design costs for the convention center and $50 million for engineering and design work to renovate the Fair Park facilities.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
High Blood Pressure a Top Health Concern in Dallas CountyHypertension is a problem for many Americans, especially those in communities of color.
Read more »
Chicago Sky improve to 3-1 with 94-88 win over Dallas WingsMarina Mabrey had season highs with 23 points and eight assists, Alanna Smith had her first career double-double and the Chicago Sky beat the Dallas Wings 94-88 on Sunday night at Wintrust Arena.
Read more »
Golden Knights vs. Stars prediction: Game 6 NHL picks and odds MondayThe narrative for Game 6 between the Vegas Golden Knights and Dallas Stars has been set.
Read more »
South Dallas real estate group tackles property ownership gapFerrell Fellows’ two-story brick childhood home in South Oak Cliff was the place to be. Her family hosted all the pizza parties, sleepovers, birthday parties...
Read more »