Pittsburgh community concerned about pause on parking lot construction at former Civic Arena site [CBS News]
Live Nation Entertainment, Inc. (LYV)
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Source: CBS News
Developers are hoping to move forward with a music venue in the coming months, but there are concerns about promises made to the Hill District neighbors. A community meeting on Tuesday with the site developers and Hill District talked about progress on what is currently just parking lots in the Lower Hill. The hope is to have an indoor Live Nation music venue built. "Live Nation has been very interested in building a venue within the city of Pittsburgh. They've been focused on the Lower Hill as a central location for that," said Craig Dunham, vice president of development for the Penguins. It would hold about 4,500 people and a 900-space garage. The garage has been put on hold, and that has concerns from the Hill Community Development Corporation, as the garage's parking taxes were going to neighborhood needs. It said in a statement, it said the lack of a parking garage will "pause desperately needed funds for the Ammon Recreation Center and housing development." The group is
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LYV
Earnings
- 5/2/24 - Miss
LYV
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/29/24 - Form ARS
- LYV's page on the SEC website