At 9 a.m. today, the Escambia Board of County Commissioners will see the latest plans for update the Pensacola Bay Center during its Committee of the Whole.
The BCC has been presented previously:
- Concept 1 – $22.3 million: Provides minimal improvements to the food & beverage offerings and premium seating, plus a North Concourse expansion.
- Concept 2 – $52 million: Focus on revenue-generating improvements to food & beverage offerings and premium seating. Option also provides a build-out north concourse expansion creating a grand lobby.
- Concept 3 – $100 million: Focus on creating a new north east exterior and adding additional seating, Plus, Concept 2 options
- Concept 4 – $104 million: Fully exterior focus with the addition of an Ice Rink and Event Center. Creates optionality for a mixed-use district and additional development. Cost does not include any Arena improvements, and those would be in addition to the $104m. – So really $204 million – Concepts 3+4
NEW PROPOSAL
The proposed arena renovation combines concepts 1, 2 and 3 and provides the highest rate of return (ROI). Estimated Total Cost: $47.5 million.
If the BCC wanted to add the event center, the total cost would increase to $85 million.
See the entire plan: Pensacola Bay Center – 2025 Renovation Concept Update.