City Manager Russell Allen will ask the City Council today to allocate $59,760 to design a 4,978-seat venue to host summer concerts under the Shimmer Wall. The venue, to be built on the site of the old Sir Walter Chevrolet dealership at McDowell and Lenoir streets, would cost about $1.5 million and could open as early as May of next year.

via Raleigh vote on concert venue set – Local & State – News & Observer.