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Panel Suggests Overhaul For Rupp
02/01/12 MRC/AP

A task force says building a new Rupp Arena would not be economically feasible but recommends a substantial renovation to the existing 35-year-old home of the Kentucky Wildcats to make it the center of an expanded downtown Lexington.

The Rupp Arena Arts and Entertainment District Task Force's final report was issued Tuesday morning. It proposes a $250 million to $300 million overhaul of the Lexington Center, including Rupp Arena, the Lexington Convention Center, the Civic Center Shoppes and the area around it.

There's no specific plan for paying for the project although the report does offer general guidelines for financing it, involving a mix of local, state and private funding.