RICHMOND, VA (WWBT) - What should happen to the Richmond Coliseum? The city has hired a group to help decide the building's future.
From football, to the circus… a host of events are held at the Richmond Coliseum. The building is nearly 40 years old and it's showing its age.
"The Coliseum needs major repair and what we need to decide is to what level do we make those repairs," said Richmond Chief Administrative Officer Bryon Marshall.
Three consulting firms have been hired to help.
"We'll spend the next several weeks performing an evaluation of the market in terms of looking at the demographics – comparing it to other markets in the country," said Dan Barrett with Barrett Sports Group.
The entire process is expected to take 12 to 16 weeks. During that time, the hired firms say they'll also conduct public surveys, and assemble cost estimates for a new facility as well as a renovated facility. Site surveys will be conducted for a possible recommendation of a new location.
Barrett says the most challenging of the process will be funding sources. How does the city pay for renovations or a new facility?
"We'll be looking at public funding sources as well as private funding sources and come up with a creative plan that works for this community," said Barrett.
Those firms conducting the study say they'll get public input by getting e-mail data of area residents and sending them surveys.
If you have a comment or idea about the future of the Richmond Coliseum, tell us about it by making a comment below this article.