Business plan options for Oneonta Theatre

Webb Management Services presented three plans with different price tags Tuesday after completing a feasibility study for the Oneonta Theatre renovation.

Posted: Feb 19, 2019 11:49 PM

ONEONTA, N.Y. -Webb Management Services presented three plans with different price tags Tuesday after completing a feasibility study for the Oneonta Theatre renovation.

The Oneonta Historical Society and Friends of the Oneonta Theater, hired Webb Management Services, which is a consulting firm to explore the idea of re-opening the Oneonta Theatre. 

Tuesday night, the final presentation was presented to the community, and city leaders at the Foothill Performing Arts Center. 

The feasibility study was based on the information gathered so far on this project, and Webb Management Service's experiece with other communities that have done that same type of thing and became successful. 

The $60,000 feasibility study examined whether the theatre could be a success, and there were three business plans proposed These business plans also include upgrades to the Foothills Performing Arts Center. The three budget options were referred to as good, better, and best.

The budget options are:

GOOD -  $3.2 million

BETTER - $6.3 million

BEST - 10.3 million

The experts of this study say the biggest obstacle now is how the community will raise the funds to renovate and sustain the building, but the president of Webb Management Services has some ideas. 

"It sort of builds tourism we hope, this idea of a district with the theater," Duncan Webb, President of Webb Management Services said.  "It helps to bring Suny Oneonta downtown, and creates sort of a more integrated relationship between the university and the city. It attracts high level artists to come and perform here, it lifts up the local cultural community."

The next step is to decide which business plan to go with and how to start fundraising. 

New York Coronavirus Cases

County data is updated nightly.

Cases: 1967248

Reported Deaths: 51258
CountyCasesDeaths
Kings2600639889
Queens2597329511
Suffolk1908893300
Nassau1750233097
Bronx1727466359
New York1300554297
Westchester1243172235
Erie799591683
Richmond696201739
Monroe597381032
Orange45423782
Rockland45245940
Onondaga35490659
Dutchess27510432
Albany23368343
Oneida21251497
Niagara17780332
Broome17129348
Saratoga14167160
Ulster12791241
Schenectady12252190
Rensselaer10495136
Putnam1005291
Chautauqua8227132
Chemung7052133
Oswego687690
Ontario674091
Steuben6192141
St. Lawrence612594
Sullivan598968
Cayuga579490
Jefferson539263
Wayne513967
Cattaraugus503780
Genesee5005121
Herkimer4868107
Clinton446532
Madison423885
Tompkins400349
Fulton398086
Livingston393658
Montgomery3817114
Columbia379999
Cortland350760
Warren333355
Tioga331658
Wyoming320451
Allegany313383
Otsego311846
Greene307774
Chenango301873
Washington280355
Orleans270283
Lewis242033
Franklin237012
Delaware211236
Seneca184656
Schoharie150315
Essex148526
Yates109226
Schuyler97713
Hamilton2982
Unassigned16592
Out of NY0216
Rome
Cloudy
50° wxIcon
Hi: 66° Lo: 39°
Feels Like: 50°
Binghamton
Cloudy
47° wxIcon
Hi: 63° Lo: 37°
Feels Like: 43°
Rome
Cloudy
50° wxIcon
Hi: 68° Lo: 39°
Feels Like: 50°
Rome
Cloudy
50° wxIcon
Hi: 62° Lo: 37°
Feels Like: 50°
WKTV Radar
WKTV Temperatures
WKTV Severe Weather
Saluting Those Who Are Proud 2 Serve
Enter the Rock Your Body Giveaway from Alivana Aesthetics
Looking for work or looking to hire? Check out the WKTV Job Fair!