Plan for World Trade Center performing arts center shrinks as it's dealt another blow

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NEW YORK — A performing arts center planned for the World Trade Center has been dealt another setback.

The New York Times reports ( ) the corporation in charge of downtown redevelopment said Thursday the project should come in at no more than $200 million. That's about half the original cost.

The Lower Manhattan Development Corporation says the $99 million in federal funds committed to the project are contingent on the center's leaders producing an affordable design with a plan for raising money.

It's another setback for a project conceived more than a decade ago and that has been curtailed over the years.

The center's president, Maggie Boepple, says they can do a great building for $200 million.

The center hired acclaimed British theater director David Lan as a temporary artistic director last year.

Information from: The New York Times,

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