Kamloops' downtown businesses have made it official — they want a new performing arts centre on Seymour Street.
Kamloops Central Business Improvement Association directors voted at a meeting this week to support the $90-million arts centre project proposed for the former Kamloops Daily News building in the 300 block.
A referendum that would allow the City to borrow up to $49 million toward the arts centre and an underground parkade is scheduled for Nov. 7. KCBIA directors voted to offer "full support" of the referendum.
A KCBIA release said its mandate is to promote business growth and economic development downtown and that entertainment facilities are part of that, along with residential and commerical density and parking.
"It is for these reasons and more that the KCBIA supports the City of Kamloops and their proposed performing arts centre and are proud to be part of the Vote YES campaign.
"The performing arts centre will foster economic, cultural and social development within our community’s downtown. We are confident the PAC will provide positive economic spinoff just as we have seen in similar cities with arts centres," the media release said.
"The Tournament Capital Centre is a great example of the economic spinoff potential from civic investments and members of the arts community are proven to spend more per capita than any other sector.
"In terms of parking and commercial development, the PAC boasts a 350-stall parkade. Parking availability is a key factor in attracting businesses to fill available commercial space, in attracting new commercial development, and in attracting customers and visitors to downtown."