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REDP: Regional Economic Development Partnership





Regional Economic
Development Partnership
 
1100 Main Street, 3rd Floor
P.O. Box 1029
Wheeling, WV 26003
 
Phone: 304.232.7722
Fax: 304.232.7727
Email: info@redp.org

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RED is a division of Ohio Valley Industrial and Business Development Corporation (OVIBDC). Copyright © 2017 Regional Economic Development Partnership

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Downtown Wheeling is Alive with Music!

The Wheeling Convention and Visitors Bureau, Wheeling National Heritage Area Corporation, Regional Economic Development Partnership and the City of Wheeling are excited to announce the purchase of the Capitol Music Hall. Initially, the Ohio Valley Area Development Corporation will take title of the property. This partnership marks a new beginning for the future of Downtown Wheeling.

iThis is an historic day for our community and we are proud to be re-opening a building that houses so many memories,i said Frank OiBrien, executive director of the Wheeling-Ohio County CVB.

iThe reputation of the Capitol Music Hall is nothing short of legendary,i OiBrien continued. iWe are excited to fill the building with the same enthusiasm and life that it portrayed when its doors opened over 80 years ago.i

The Wheeling CVB and its Board of Directors believe this investment will enhance tourism for the downtown region. According to CVB Board President Hydie Friend, funds invested into the Capitol Music Hall are a result of tourists who have and will visit the Friendly City. She noted that the Capitol Music Hall will be a crucial component of the cityis ability to continue to attract such visitors.

The Capitol will be a premier venue for National touring acts such as comedians, Broadway shows, concerts, theater productions, and operas. The theater will also be available for rental by local groups for events such as movies, Festival of Lights concerts, and dance recitals. The Wheeling Symphony will be proud to call the Capitol Music Hall home. The theater will be operated by the Wheeling Municipal Auditorium Board, the current operator of WesBanco Arena.

According to a study conducted by the *Economics Research Associates (ERA), the re-opening of the Capitol Music Hall will have an economic impact of more than $5.5 million, create 65 new spin-off jobs with an estimated $1.3 million dollar annual payroll, and generate more than $174,000 in new tax revenue.

The Capitol Music Hall along with WesBanco Arena and the Heritage Port Amphitheater creates an entertainment venue portfolio that is second to none in the region. These three venues will enable a year-round coordinated approach to producing top notch entertainment. These events will attract visitors to our city and will enhance the quality of life of current residents.

Immediate renovations to the interior will ensure the building is modernized and meets current code standards. The partnership plans to restore the building to maintain its architectural integrity.

Mayor Andy McKenzie says, iA re-opened Capitol Music Hall is a community project that is a positive step in the revitalization of Downtown and we are pleased to see these agencies working together for the good of our community.i

Several interested community organizations have been working diligently on gathering extensive information on renovations, operating costs and capital improvements for nearly three years. Their hard work has combined with the right timing for the Music Hall purchase to permit this project to move forward now. We look forward to announcing the official opening date of the Capitol Music Hall and will keep the public informed as more information becomes available.

Tax-deductible donations in any amount can be made for the purpose of renovating the building. Checks can be made payable to the "Capitol Music Hall Preservation Trust" in care of the Community Foundation for the Ohio Valley and mailed to P. O. Box 670, Wheeling, WV 26003.

*Economics Research Associates is a Washington D.C based research firm, which was retained by the Wheeling National Heritage Area Corporation and paid for by the Benedum Foundation to analyze the potential to re-open the music hall.