- Associated Press - Saturday, November 7, 2015

ALBUQUERQUE, N.M. (AP) - The mayor of Albuquerque is proposing converting part of the city’s convention center into a 10,000-seat arena.

The Albuquerque Journal reports (https://bit.ly/1NXcC37) that Mayor Richard Berry announced a proposal Friday to add retractable seating to an exhibit hall for large events for at a cost of $5 million.

Berry says the proposal is a cost-effective way to get more people to downtown.

The proposed arena is part of a $24 million proposal to invest in downtown Albuquerque.

Other projects include a 400-space parking garage and upgrading Civic Plaza.

City officials say the financing would come from lodgers’ taxes that the city would use to make payments on $23.5 million in bonds.

The Albuquerque City Council will have to approve the proposal.

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Information from: Albuquerque Journal, https://www.abqjournal.com

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