LEPAA fundraising for Buddy Holly Hall continues, project still - FOX34 Lubbock

LEPAA fundraising for Buddy Holly Hall continues, project still on schedule

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Rendering of Buddy Holly Hall Rendering of Buddy Holly Hall
LUBBOCK, Texas -

At the midpoint of the construction plan for Buddy Holly Hall, the Lubbock Entertainment and Performing Arts Association is still short on money.

It still needs to raise about $50 million for the project, a third of the overall fundraising budget. 

"Yes, there is still money to raise. We are at a hundred and our construction budget all in is $154 million, so we're working very hard on that, but that's just part of the process," LEPAA President Tim Collins said. 

Collins said this is not a setback. Rather, it is teaching patience in the fundraising process. 

"I think we're exactly where we expected to be. In the fundraising business, and I'm learning about this as we go along of course, you're on the donor's schedule," Collins said.

He acknowledged citizen concerns, but said his confidence in the plan has not wavered. 

"Obviously the public has questions and we understand that, and so we try to be as transparent as we can be in answering them. There are a lot of things in the works that we're doing right now to help us to continue our fundraising," Collins said.

Collins said LEPAA is receiving commitments from multiple funding sources, including the Buddy Holly Education Foundation in London. 

"The ability to capitalize on Buddy's name and the ability to honor him for the significant impact he had on the entertainment industry, they go hand-in-hand, and they're just a perfect match for us," Collins said.

He said evidence of the construction's progress helps grow support like this. 

"I think beginning construction was very important to this. We had to have some proof, if you will, that the project was going to happen, and that has spurred along some additional donations," Collins said.

All in all, Collins said he wants to reassure everyone the plan still remains for Buddy Holly Hall to open in about 18 months. 

"This project is going to have a significant impact on our community. So we're really proud of what we're doing and the way we're doing it. We know that we'll reach our fundraising goal in the end," Collins said.

In addition, Reagor-Dykes Auto Group made a $1 million pledge towards Buddy Holly Hall, but Collins said the commitment will not transfer into funds until the completion of the venue.

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