The parking lot for the new Pinnacle Bank Arena on the west side of downtown Lincoln will serve double duty as space for city festivals and other large outdoor events.
The lot being built on the north and west side of the arena will have space for at least 1,400 vehicles.
Arena coordinator Dan Marvin said the festival space will cost about $5.1 million. It is designed to accommodate a stage on the southern edge of the lot. The stage would face north to a natural amphitheater that could hold 20,000 to 30,000 people.