Final answer:
The construction of the enclosed concert arena in Watersville was approved at a total cost of $93,750,000, aimed at enhancing local entertainment offerings and boosting tourism.
Step-by-step explanation:
The total cost of the construction of an enclosed concert arena approved by the city of Watersville during 2021 was $93,750,000. This investment in infrastructure is part of a broader economic strategy intended to attract professional musicians and increase tourism, potentially shifting local entertainment spending.
Similar to how the Sporting Park in Kansas City attracted various sporting events and the Walt Disney Concert Hall became an iconic venue, Wattserville aims to enhance its profile and economic opportunities through the concert arena.