Amphitheater Turned Over to Capshaw

Two weeks ago, City Council voted to turn over the downtown amphitheater to Coran Capshaw (DMB manager, local real estate guy, etc.), loaning him $3.4M to overhaul the current amphitheater layout and create a covered venue, as a part of the redesign of the east end of the Downtown Mall. Capshaw has agreed to hold 50 events there each year, which the city estimates will fatten city coffers by $150k-$200k each year. Notably, there is no requirement that the amphitheater continue to be available to the Charlottesville Downtown Foundation for Fridays After Five, but instead stipulates that some sort of a cheap or free weekly event take place each week. Finally, Capshaw has been given naming rights, so the downtown amphitheater could become “The MusicToday Pavilion,” if he saw fit. Lisa Provence has the story in the current Hook.

4 thoughts on “Amphitheater Turned Over to Capshaw”

  1. "Cox likens the structure, designed by FTL Design Engineering Studio, to a sail that will make people think of the Monticello hillside in the distance"

    Holy Toledeo!

  2. amount of loan from city to capshaw to revamp amphitheater: $3.4 million

    annual revenue expected to be generated by capshaw events: $150-200k/year

    at that rate, it will take 17-23 years for the amphitheater to make back the $3.4 million original investment.

    i wonder how much i’ll be paying to toss a bag of garbage in this town by then.

  3. At least the Mall will be in balance, with albatrosses on either end!

    Actually, I’m a little concerned about the sudden competition for performers and, more importantly, for consumers. With the Paramount reopening soon, the new UVA concert hall in the works, and the redesigned amphitheater, that’s going to be a lot of seats to fill. While the UVA concert hall won’t be under the same economic pressures as the Paramount and amphitheater, it may be hard to sell that many tickets during the course of a year to all three venues. Will be interesting to watch.

    One hope is that none of the venues will have anything to do with Ticketbastard!

  4. than anyplace i can think of.

    the chances of seeing a decent band in c’ville died the day trax closed its doors. and even then, they hadn’t had a big-name band come through in quite some time.

    i’m sure the new amphitheater will bring to c’ville the best that VH1 has to offer. and i’m sure coran realizes that he can make much more money if he avoids having to split his rake with ticketbastard.

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