IMAX developer backs out of WOW project

The wildlife museum adjacent to Bass Pro Shops Outdoor World announced Jan. 10 that its agreement with London-based IMAX developer Bella Films was terminated. WOW is exploring other options for the estimated $7 million project, including finding another IMAX developer.

Also, WOW on Jan. 9 requested restructuring, reclassifying or forgiveness of a $2.5 million no-interest loan through the Missouri Development Finance Board. Then, a day later, the museum announced it was withdrawing that request after receiving additional funding, according to a company news release.

The release didn’t specify how much or from where funding was received. Calls to WOW Executive Director Tony Schoonen, MDFC board members and Bass Pro Shops were not returned.

Bass Pro owner John L. Morris has donated to the museum at least $30 million in cash, land and artifacts. The $55 million conservation museum opened in 2001 with the help of a $7.5 million state grant and $8 million in tax credits.[[In-content Ad]]