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Industry News

Cincinnati Symphony Hits the Jackpot

May 30, 2025 | By Sarah Shay, Musical America

A $60 million gift from the Farmer Family Foundation, the largest philanthropic commitment to the arts in recent Cincinnati history, guarantees that the new entertainment venue being built by the Cincinnati Symphony Orchestra (CSO) and Music and Event Management, Inc. (MEMI) will become a reality. Previously referred to as Riverbend 2.0, it is to be called The Farmer Music Center and serve as the centerpiece of a music and entertainment campus that also includes the existing Riverbend Music Center and PNC Pavilion. It is to be operated by MEMI, with all net revenues reinvested in the CSO. Robert McGrath, CSO president and CEO, said the gift represents “a transformative investment in Cincinnati’s future, one that will enhance the quality of life in our region for generations to come.”

An artist rendering of the Cincinnati Symphony's new Farmer Music Center

Set to open in Spring 2027, the Farmer Music Center features a cutting-edge vertical design that will offer 8,000 reserved seats and a 12,000-capacity general admission lawn. Amenities include a 300,000-square-ft. concourse, a new club space, and expansive concession and restroom facilities.

The campus is anticipated to have a projected annual economic impact of $82 million, boosting tourism, and creating jobs. In the first ten years of operation, it is projected to generate at least $15 million in city tax revenues and $7 million in state tax revenues.

“We’re incredibly excited about what The Farmer Music Center represents,” said Mary Beth Martin, executive director of the Farmer Family Foundation. “This state-of-the-art venue reflects our commitment to investing in experiences that enrich lives and create lasting value. This project also supports the mission of the Cincinnati Symphony Orchestra, which is deeply rooted in serving the community.”

 

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