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Friday, August 15, 2008
From staff reports
VINELAND – The redevelopers of the Landis Theater have been awarded a $8,000,000 “new market” tax credit from the New Jersey Economic Development Authority.
The tax credit will provide more than $2,000,000 in direct equity toward the renovation of the historic center city theater, according to Hans Lampart, president of Eastern Pacific Development, the redevelopment company heading the project.
“This is the driving piece of the financial package necessary to complete our plan for a dynamic, fully renovated performing arts theater for downtown Vineland,” said Lampart in a released statement.
The City of Vineland and Eastern Pacific Development have undertaken a four corners redevelopment plan at the East and Landis avenues intersection. That arrangement specified that the theater project should proceed as the first of the four corners to be completed.
Additional funding pieces for the Theater renovation project include:
N.J. Preservation grant: $750,000
Historic Tax Credit equity: $1,650,000
Urban Enterprise Loan: $3,000,000
UEZ Faade Loan/Grant: $500,000
According to Lampart, the EDA tax credit allocation brings the total funding package to $7,900,000, the amount budgeted by Eastern Pacific to successfully transform the dilapidated theater structure into a new community performing arts center. The New Market and Historic equity is being funded by US Bank.
Partial demolition and preparation for new construction at the theater site is ongoing. It is projected that the complex would be completed by October of 2009.
Lampart was unavailable Wednesday for questions or comments.
My photos from 7/3/06:
My photos from 6/7/08:
My photos from 3/9/06:
my photo from 7/3/06:
My photo from 4/19/08:
My photos from 4/19/08:
Opened in 1993 near the epicenter of the infamous 1967 riots. This theater could be closing soon.
Great photo in today’s Star Ledger. Still on track for a fall opening. Some acts have already been booked.
Old interior photos:
Not too much history at this link:
old postcard 1920s:
1924 program cover:
Indeed today this buidling houses a mosque called Masjid Jalalabad