Irving Entertainment Center project in jeopardy

Las Colinas Entertainment Center

Credit: City of Irving

The proposed Irving Entertainment Center was designed to host everything from fashion shows to concerts.

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by BRETT SHIPP

WFAA

Posted on November 16, 2011 at 11:00 PM

Updated Wednesday, Nov 16 at 10:18 PM

NEWS 8 INVESTIGATES

IRVING — The $250 million Irving Entertainment Center planned for Las Colinas has been dealt another setback.

Financial advisors for the City of Irving on Wednesday recommended City Council members cut the project by about half.

They say inflated revenue projections — combined with lower than expected tax collections — put the city at too much risk and would lower the municipal bond rating.

The Council could settle on the project's fate in the coming weeks.

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