Positioned in the heart of downtown Kamloops, the Centre will add to the city’s overall liveability and will bolster opportunities for future economic growth for both the local resident and visitor economies. The total building cost of the facility is estimated at $70 million. Once the project is approved by the City of Kamloops, a fundraising campaign seeking support from other levels of government, corporate and local donors will be undertaken by the Society. The maximum project investment from the City of Kamloops is $45 million.
The estimated capital cost is $70 million, to be funded through City contributions & fundraising.
The construction of the facility is projected to result in 565 FTE jobs, with the large majority, 474 FTE jobs or 84% in BC throughout the construction phase.
The ongoing operations of the facility would create or sustain approximately 31 FTE jobs, of which over 90% would be in BC, and dominantly in Kamloops.
Statistics Canada input-output simulation based on information and projections provided by the Society.Read the Business Case
The construction of the Centre is projected to generate direct and indirect government revenues of an estimated $9.2 million during the planning.
The operations of the Centre is projected to generate direct and indirect recurring revenues estimated at $0.33 million on an annual basis.
Estimated government revenues from capital and operating expenditures by level of government. Statistics Canada simulation based on information provided by the Society; income tax estimates based on effective tax rates on salaries/wages.
We are building our membership to raise awareness, keep the community informed of our progress and ultimately to demonstrate community support for this project.
By joining the KCA Society as a member, you will receive project updates, have access to volunteer opportunities and belong to a group that cares about the future of arts and culture in Kamloops.Become a Member Today