A building proposal with dramatic implications for downtown Carrboro goes before the Board of Aldermen tonight.
As reported in last week's Indy, town officials will hold a public hearing to consider partnering with The ArtsCenter and Kidzu Children's Museum to build a four-story, 55,000-square-foot home for the nonprofits at the corner of East Main and Roberson streets.
The proposal, which has received an icy reception from town leaders thus far, calls for the town to put $4.5 million into the $12.1 million center, with the nonprofits responsible for generating the remaining $7.6 million.
Backers of The ArtsCenter and Kidzu say the new center would generate millions in revenues for surrounding Carrboro business owners. But some critics say the nonprofits are asking the town to take on an enormous risk in supporting the development. The site currently includes town-leased public parking.
Tonight's hearing is slated for 7:30 p.m. at Carrboro Town Hall on West Main Street. If you cannot attend, it will be broadcast on television on Gov-TV and through the Town of Carrboro's website here.