Raleigh Partners With Live Nation For New Shed

RALEIGH, NC (CelebrityAccess MediaWire) — The Raleigh City Council voted 7-1 to approve an outdoor amphitheater and festival site just west of the Raleigh Convention Center downtown, subject to site plan approval and issuance of a special use permit for the project. Council members agreed to allocate $2.62 million of existing funding for the outdoor amphitheater and festival site.

The outdoor amphitheater and festival site will be designed to accommodate up to 5,000 patrons and will be built on land owned by the City. The amphitheater and the festival site will be used to host concerts and musical festivals, cultural festivals, comedy shows and other special events. The venue is scheduled to open next May.

The City of Raleigh will manage the amphitheater and Live Nation will handle booking at the shed for 20 days a year for five years, under an agreement with the City. The City of Raleigh also will book events at the site. The City’s net proceeds from all events at the venue are projected to be approximately $500,000 per year for the first five years and City will collect $2.50 – $3.50 from each ticket as part of the agreement with Live Nation.

Some neighbors at the site have expressed concerns about noise from the venue and to address this, the City has retained consultants to do a noise assessment. The consultant, Acentech Inc, has recommended that the city locate portable buildings on the southwest and west portions of the venue and have made reocmmendations on grading to ameliorate potential noise. – CelebrityAccess Staff Writers