21. Multi-County Project: Musical Heritage Center Feasibility – Phase II Fiscal Agent: Kentucky River Area Development District

The goal of this project is to complete a feasibility study focused on the repurposing of a regional business park as a regional performing arts center. The Pine Ridge Regional Industrial Authority owns and operates this business park, which is located just off the Mountain Parkway near Natural Bridge State Resort Park and Red River Gorge in Wolfe County, Kentucky. The site is also located within close proximity to Jenny Wiley State Park, Buckhorn State Park, and numerous other area attractions. The Authority serves the counties of Owsley, Wolfe, Powell Breathitt, and Lee – all of which stand to benefit from the economic benefits of expanding regional tourism opportunities.

With the decline in regional industry, the Authority has requested and received permission from the State of Kentucky to repurpose a 25-acre section of the park for tourism development efforts. Flex-E-Grant funds provided support for the completion of Phase I: a feasibility study for establishing a RV park and amphitheater on the grounds. Phase 2 assesses the feasibility of adding a regional performing arts center. The feasibility study is informed by the master plan for the complex, which includes a theater, visitor’s center, amphitheater, and RV and campground areas. Once completed, the study will enable the Authority to pursue state, federal, and private investment for the development of a Musical Heritage Center to be located at the site.

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