As we were first to report way back in March of 2021, Temple Live has developed renderings and plans to convert the structure with a main stage in the center, floor viewing areas, and a second level that would provide seated and standing views.
Renderings also show a new covered 2-level patio.
Built in 1958 by Citizens State Bank at NW 23rd and Classen, the building has changed hands times several times over the last two decades with one former owner attempting full demolition. A new use for the 27,000 square foot structure has been elusive and the condition of the building has continued to deteriorate while remaining shuttered for years.
Temple Live operates live music venues in Fort Smith, Wichita, Columbus, and Cleveland. All are in renovated historic structures.
The total cost of the project is estimated to be at least $10 million.
The $3 million of public money would come from a newly established Classen Tax Increment Finance (TIF) District. An existing revenue bond would provide the money upfront, with the developers using future TIF tax exemptions to repay the loan.
