Live Nation may build a new concert venue in Downtown Manhattan

Company is seeking approval for an 80,000-square-foot venue
May 09, 2019 05:00PM

American Stock Exchange building at 86 Trinity Place (Credit: Google Maps)

American Stock Exchange building at 86 Trinity Place (Credit: Google Maps)

Live Nation wants to open a concert venue and event space in Lower Manhattan.

The music promotion company is negotiating a lease for 80,000 square feet in the American Stock Exchange Building on Trinity Place, according to Crain’s. Live Nation would partner on the project with Legends, an entertainment venue and stadium operator that runs the One World Trade Center observatory space.

Live Nation representatives met with Community Board 1’s liquor licensing committee on Wednesday evening to go over plans for selling alcohol and its vision to redevelop the stock exchange. The company and Legends will likely meet with the community board again to continue discussions over the next few weeks and months.

Live Nation inked a lease spanning 20,756 square feet last year at 412 West 15th Street[Crain’s]  – Eddie Small