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Last updated: February 20. 2013 4:26AM - 111 Views

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(AP) A performing arts center planned for the World Trade Center site got a financial boost that improves chances of the languishing project to begin construction in four years.


The Lower Manhattan Development Corp. on Thursday approved $1 million to hire staff and develop building plans.


It means construction could begin in 2017; the center could open in 2019.


The LMDC had withheld the money, citing concerns over the project's cost and fundraising ability.


A board of directors was named to the center last year.


The Frank Gehry-designed center would include a theater for contemporary dance.


Center director Maggie Boepple said the LMDC has appropriated $100 million for construction below grade.


The total cost had been estimated at $450 million but the board is working to reduce the price tag.


Associated Press
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