Schermerhorn Recovery Plan

Repairs to Nashville’s Schermerhorn Symphony Center, damaged during May’s flooding, could cost about $42 million and keep the building shuttered until next year.

Federal Emergency Management Agency assistance and $10 million worth of flood insurance coverage reportedly won’t cover the entire cost, so venue officials have to get creative, according to the Nashville Symphony’s website.

The goal is to secure another $10 million.

“To close the gap, we are going to have to raise money,” said Nashville Symphony President/CEO Alan D. Valentine. “We are actively exploring funding from grants and foundations and are counting on the support from within the community.” Included in the repair estimate is replacement of two Steinway concert grand pianos and the Martin Foundation Concert Organ console that were destroyed in the flood.

Meanwhile, symphony officials are looking into securing alternative venues to host its fall schedule.