Mayor Jim Gray released the feasibility study results that shows the cost of renovating Rupp Arena is half of what it would take to build a new arena.
Gray spoke to Legislators in Frankfort Wednesday about Rupp Arena's future plans.
"Rupp has great bones that's a fact being a builder I look at that structure and I know that what was built in 1970's was an extraordinary piece of architecture," said Gray.
A feasibility study shows renovating Rupp would cost less than half of what the city would spend to build a new arena and still meet the needs of the University of Kentucky. Renovations could cost between $110 million to $130 million.
"The cost of a new arena the issues associated with sustainabIlity are also important," said Gray.
The study shows renovations could put fans closer to the action, add more seats, and chair backs added on upper level seats.
Gray also suggested that a catwalk be built from the arena to the proposed Arts and Entertainment District.
"The energy that environment it's a rare college basketball experience that occurs there so respecting that the energy of it is a part of the consideration," said Gray.
A recommendation is expected to be made early next year on whether to replace or renovate Rupp. The Task Force is holding its second public meeting tonight, Wednesday, Nov. 30, to discuss the study and plans for the District and to gather input. The meeting begins at 6 p.m. at the Lexington Children's Theatre, 418 W. Short St.