The land is bounded by West River Parkway and Second Street South to Chicago Avenue South and 11th Avenue South. A year ago, the Guthrie's plans to build a new complex in Minneapolis' Parade Stadium area received a cold reception from the city council.
The city agrees to build parking ramps -- at a cost of more than $25 million -- with room for up to 1,000 cars for use by patrons of the Guthrie's new theater complex, which could seat up to 2,000 people. The new Guthrie would have three stages, including a 1,100-seat auditorium, 500- to 700-seat proscenium stage and 150-seat flexible space as well as classrooms and seminar space.
Guthrie officials have six years to complete construction of the 250,000-sf complex under the deal. They hope to get it done in four years. The theater also plans to start a $60 million fundraising campaign this fall.
Guthrie officials plan to hire an architect to design the theater complex late this month or early March. With the sponsorship of the Minneapolis Community Development Agency, the Guthrie plans to ask the Minnesota Legislature next year for $25 million to help pay for the complex. A similar request last year was passed by legislators but vetoed by Gov. Jesse Ventura.
Although Guthrie officials have not indicated exactly how much they will ask from the state Legislature, they expected to ask for $25 million again.
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