Budget stabilization plan boosts state’s potential XL Center renovation investment to $125M

Efforts to revitalize Hartford’s XL Center are set to receive another potential boost after the state legislature’s passage late Tuesday night of a $370 million budget stabilization plan. The bill, which has been greenlit by the House and Senate, increases the maximum amount of funding from $80 million to $125 million that the state and Capital Region Development Authority can contribute to an XL Center renovation. That potential $45 million increase in funding comes just weeks after bids for a $107 million XL Center renovation plan came in nearly $40 million over budget. Gov. Ned Lamont and state lawmakers last year agreed to pump $80 million into an XL Center renovation project, provided venue operator and promoter Oak View Group invest an additional $20 million. Planned renovations include upgrades needed to pull off shows, such as rigging, increased power capacity, new lighting, a new sound system and staging improvements.


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