Irvine officials voted last week to approve $130 million towards the construction of a new amphitheater in the city’s Great Park. The park’s board, which is composed of the city’s councilmembers, voted 4–1 in its approval with councilman Larry Agran dissenting.
The new 25-acre amphitheater will serve as the Orange County equivalent of Los Angeles’s Hollywood Bowl, according to city officials, and will replace the park’s current FivePoint Amphitheatre.
The project will partner with Live Nation, a live music managing company, for 30 years with the option of two 10-year extensions. The company will contribute $20 million towards the initial costs of the amphitheater’s development and pay for operating costs….