Germain Bought For Repurposing
It took six years, but the abandoned and graffiti-covered Germain Amphitheatre in Columbus, Ohio, has been sold – possibly to wipe it off of Google Streetview.
Live Nation placed the 20,000-capacity shed on the market in 2006 after announcing it would close the venue after the 2007 season. The asking price was estimated to be $17 million.
It was bought recently by Polaris Centers of Commerce developer NP Ltd. Jan 17 for $5.5 million, according to the Columbus Dispatch.
NP originally sold the land in 1993 for $4.15 million. It can use the land for “a variety of redevelopment projects,” including a corporate campus or mixed-use development.
“We looked at it several times in the past,” NP Managing Director Franz Geiger told the Dispatch. “Then, the opportunity was right to buy it at what we thought was a fair price.”
Germain’s last season included Alan Jackson/Brooks & Dunn, Keith, Kenny Chesney, “Ozzfest,” Rush, Toby Keith and Luis Miguel.