Ongoing discussions about building a 10,000-seat arena and convention center in Henry County has led Moving Henry Forward to research other arena projects happening throughout Georgia. In Augusta, local leaders are planning to replace an existing forty-year-old structure.
The cityâ€™s consultant for project management, Atlanta-based H.J. Russell and Co.’s S.P.A.C.E. Venues Group, provided an update to the Augusta Commission in January. H.J. Russell and Company is also building Stockbridgeâ€™s new amphitheater.
The companyâ€™s timeline estimates construction starting in January 2021 completing the project by the end of 2023. They expect to finish planning and market analysis for the arena in July.
A 2014 feasibility study estimated project costs between $90 to $110 million dollars. Last summer, the Augusta-Richmond County Coliseum Authority forecast it would have â€œto borrow in excess of $100 million or draw heavily from sales taxesâ€ for the project.
For comparison, Savannahâ€™s new arena thatâ€™s under construction is costing their city $165 million. Closer to home, Georgia State University in Atlanta is planning a new 8,000-seat multipurpose facility for $85 million.
Moving Henry Forward is sharing information about other arena projects in Georgia so that voters may be better informed about a major topic in Henry County Government. Commissioners voted 3-2 in February to adopt a capital improvement plan that includes the proposed 10,000-seat arena and convention center.