A $125 million project downtown should break ground this summer. Yesterday, City Council approved a bonds arrangement for the expansion of the Music Hall.
The Detroit Free Press reports that $80 million in nonprofit bonds will be issued through Detroit’s Economic Development Corporation, and that, "The EDC and the city of Detroit will not be liable for payment of the bonds, which will be issued to Music Hall as tax-exempt financing under federal 501(c)(3) guidelines."
The remaining $45 million will come from private funding.
The 100,000-square-foot, seven-story modern building will go up next to the current building. The new build will have a new 1,900-seat concert hall, a 200-seat recital hall, recording and practice studios, leasable office space, a rooftop restaurant, a music academy, and a public welcome center with box office access to arts events across Detroit.
The building will have a metallic screen with LED light features on the exterior. Walkways will connect the two buildings over an activated alley.
Tod Williams Billie Tsien Architects are leading the design of the project. They've also worked on the David Geffen Hall at Lincoln Center and the Obama Presidential Center.
The new building is expected to be completed by the end of 2026.
