Joseph D. Bryant | jbryant@al.com
The agreement with Live Nation was the last of the major agreements required for the BJCC to move forward with the project. The amphitheater will be located in the Druid Hills neighborhood on part of the former site of Carraway hospital.which has sat vacant and crumbling for 15 years. The BJCC will repay the $30-million debt over 30 years, using proceeds from the amphitheater’s operation as well as a portion of lodging taxes generated by the BJCC’s hotels. The Greater Birmingham Convention and Visitors Bureau, which had previously received those lodging taxes, agreed last year to allow the BJCC to retain those funds to support the amphitheater project.
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