Pledge contingent on provincial federal and corporate contributions
The new Cantos National Music Centre is closer to becoming a reality after a city committee approved $25 million for construction.
It’s expected that council will rubberstamp the commitment later this month. Once approved the city will initially release $2.5 million to finance the architectural team and build support for the project.
The balance of the $25-million pledge hinges on similar commitments from the province and Ottawa as well as support from corporate and individual donors.
Slated to open in 2012 in the East Village the $120-million 80000-square-foot facility will be home to the Cantos music collection several recording studios and a live-music venue.