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HomeMy WebLinkAbout6A1 Budget Request (Century Center Modernization) Redevelopment Commission Agenda Item DATE: September 9, 2021 FROM: Aaron Perri SUBJECT: Century Center Modernization Funding Source* (circle one) River West; River East; South Side; Douglas Road; West Washington; RDC General *Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the authorization of the expenditure of such funds shall be void and of no effect. Purpose of Request: After nearly 45 years of operation, the Century Center remains a vital part of downtown South Bend. Welcoming 200,000 people via 350 events, the Century Center creates a $13 million economic impact each year. To further develop this economic engine, the building needs to be expanded and modernized to remain relevant and competitive in today’s evolved marketplace. Additional attention is required to integrate the Century Center into potential riverfront developments and street grid alignments immediately adjacent to the venue. With an estimated investment between $12M and $20M, Ratio Architects is being proposed as the firm to study and prepare renderings of the building that offer the following: A) Additional economic contribution to the city; B) Greater operational efficiency, including parking, loading and the potential reconnection of Jefferson Boulevard; C) Improved / modernized building aesthetics; and D) Anchor the western riverfront development/revitalization. The cost to retain Ratio Architects for this scope is $33,000. INTERNAL USE ONLY: Project ID: ; Total Amount – New Project Budget Appropriation $33,000____; Total Amount – Existing Project Budget Change (increase or decrease) $_______________; Funding Limits: Engineering: $_____________________; Other Prof Serv Amt $_______________; Acquisition of Land/Bldg (circle one) Amt: $___________; Street Const Amt $________________; Building Imp Amt $_________; Sewers Amt $_________; Other (specify) Amt $ ________________ _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION