Theaters evoke wonderful memories of experiencing art, enjoying architecture, and spending time with loved ones. Plus, historic theaters are proven community revitalizers and economic drivers. Not only do they generate an impact of at least $2-$3 per dollar spent on tickets, but they also catalyze other business development, create jobs, and improve the local quality of life.
But restoring a historic theater is no small undertaking. In fact, the average historic theater project costs between $5 and $30 million, opens in 5 to 10 years from inception, and requires dozens of consultants. In this toolkit, we share the essential steps in bringing a historic theater back to life so it can be the site of many more happy memories to come.
(Adapted from the League of Historic American Theatres Rescue-Rehab Manual. Information courtesy of Janis A. Barlow & Associates.)