Symphony Buys Amusement Park for New Amphitheater Site
The Cincinnati Symphony Orchestra (CSO) and its subsidiary Music & Event Management, Inc. (MEMI) announced on Thursday that they will build a $118 million "one-of-a-kind entertainment campus" on the site that was Coney Island amusement park for more than 125 years, after announcing the acquisition of all the park's assets.
Concept art for the new entertainment campus in the Greater Cincinnati area, courtesy MEMI.
The site is located on the banks of the Ohio River, about 10 miles east of downtown Cincinnati. It is also adjacent to Riverbend Music Center, where the CSO performs outdoor concerts during the summer months.
The $118 million entertainment campus will be designed to complement the existing venues on the live music campus, Riverbend and PNC Pavilion. It is also meant to put Cincinnati on the map, attracting "a wider array of the live music industry’s most sought-after artists," said to Mike Smith, CEO of MEMI.
CSO President and CEO Jonathan Martin said they plan to create "the nation’s best amphitheater."
"We are building a new home for live music events that will offer a mesmerizing fusion of cutting-edge technology and architectural significance,” Martin said. "This new development will usher in the future of the music industry, and we are proud to be leading the next step in the same way Riverbend changed the face of live music in our community 40 years ago when it opened. Now, with CSO’s historic success with Riverbend and PNC Pavilion, we are creating an expanded music, arts and entertainment campus for the region to drive artistic excellence and innovation as well as the local economy."
Plans for the campus are still in the works, and a timeline for its construction has not yet been announced.
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