Newport, RI – $3.1M tax credit OK’d for renovation of Opera House Theater in Newport
From The Providence Journal: The Rhode Island Division of Taxation has approved a $3.1 million in state historic preservation tax credits for the renovation of the Opera House Theater and Performing Arts Center at 19 Touro St. in Newport.
According to the agreement, the renovation is expected to cost $14.5 million and is scheduled for completion in 2018. The tax credits are awarded after work is completed.
The theater was built in 1867 and was originally a four-story building with a mansard roof, according to the Rhode Island Historical Preservation & Heritage Commission. The fourth floor was removed in 1957 after a fire at the building next door.
Story link: http://www.providencejournal.com/news/20161123/31m-tax-credit-okd-for-renovation-of-opera-house-theater-in-newport
ABOUT THEATRE HISTORICAL SOCIETY OF AMERICA: Founded by Ben Hall in 1969, the Theatre Historical Society of America (THS) celebrates, documents and promotes the architectural, cultural and social relevance of America’s historic theatres. Through its preservation of the collections in the American Theatre Architecture Archive, its signature publication Marquee™ and Conclave Theatre Tour, THS increases awareness, appreciation and scholarly study of America’s theatres.
Learn more about historic theatres in the THS American Theatre Architecture Archives and on our website at historictheatres.org