How is the Lowry redevelopment being financed?
Redevelopment costs totaling approximately $555 million are being financed in a variety of ways. Seventy percent of the funding comes from private sources such as revenue bonds, bank loans, real estate sales and leasing, while the remaining 30 percent comes from public sources such as federal, state and local grants. also pursues private funds to support portions of the park system, public art and other “quality of life” projects.
