|
Location |
Locust & Elgin streets (downtown) |
|
Size |
53,500 square feet Main theatre - 718 seats Studio Theatre - 225 seats By comparison: - Theatre Aquarius: 750 seats plus a studio theatre - Oakville Centre for Perf Arts: 485 seats |
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Features |
Family lobby for receptions & exhibitions Outdoor public plaza |
Total Capital Cost $36,200,000 Included Ancillary Cost $3,500,000 (for both street beautification and LEED certification) Yearly Net Operating Cost $500,000 (est) By comparison other city operating costs: - Waterfront = $420,000 - Public skating = $268,000 - Swimming = $567,000 - Arenas = $438,000 Burlington Property Tax Impact: Residential 0.9% increase on Burlington property tax (about .38% increase on total property tax) Burlington Property Tax Impact: Commercial 1.5% increase on Burlington property tax(about .35% increase on total property tax) Burlington Property Tax Impact: Industrial 2.4% increase on Burlington property tax(about .60% increase on total property tax) Federal $4,000,000 ($2.5million confirmed) Provincial $4,000,000 Private donations $10,000,000 ($9.2million confirmed) City $18,000,000 ($6,000,000 of this to be funded from Burlington Hydro dividends) Economic Impact $7,000,000 direct (includes $4M at PAC and $3M at other) $5,000,000 indirect Construction Jobs 240 person-years (direct) 100 person-years (indirect) Economic Development Increased ability to attract corporations Increased Community Profile Provides a place in which the creative energies in the city can be developed Tourism Estimated 25% of visitors from out of town Chamber Survey on the Performing Arts Centre In March 2008 the Chamber surveyed its members to determine their views about the Burlington Performing Arts Centre. The results of this survey were used by the Chamber to develop a policy recomendation. Total Reponses: 273 Survey conducted March 4 to March 7, 2008 Please state how much you agree with the following: As a Burlington business-person: Strongly Disagree Neutral Agree Strongly I support the construction of the PAC as planned 22.4% 12.7% 11.6% 23.6% 29.7% The tax impact of the PAC is reasonable 18.2% 22.5% 17.4% 26.4% 15.5% Having a PAC is important to Burlington's development as a world class city 17.5% 10.1% 12.1% 23.0% 37.4% The benefits of the PAC justify the costs 21.4% 15.2% 19.5% 19.1% 24.9% The city has other spending priorities that are more important than the PAC 4.6% 15.8% 28.6% 20.8% 30.1% I want a PAC in Burlington but at a lower cost 19.1% 17.5% 33.9% 19.8% 9.7%
(annual)
Disagree
Agree
Click here to see the survey open comments
Click here to see the Chamber's policy recommendation on the Performing Arts Centre