Park Theatre needs $110,401 to begin construction

Monadnock Ledger-Transcript
Wednesday, March 28, 2018 5:37PM

A $110,401 fundraising shortfall is all that stands in the way of groundbreaking and construction for the new Park Theatre. 

Park Theatre CEO Steve Jackson said Tuesday afternoon that construction cannot begin until all $3,530,495 needed for construction has been raised. From start to finish, the construction process should take about a year, putting a potential 2018 opening in jeopardy. 

“There may be a white knight out there that’s willing to push us over the finish line,” said Jackson. “At this point, nothing else is holding us back.”

The theater has raised and secured over $6 million since 2005, which includes money needed for architectural plans, legal bills, buying the old theater space, engineering, and other related costs. 

Original plans called for construction to begin in the fall of 2017 but delays pushed the start date to winter and now sometime in the future. 

“We would’ve loved to have started in the winter, but looking back that could’ve been an obstacle,” said Jackson, who hopes ground breaking can take place as soon as next month. 

While delays have been unfortunate, Jackson said the project still falls within the 12 to 15 year national average to build a community-based performance arts venue.

“Building a community-based performance arts center is a rare bird,” said Jackson. “I can’t point to any in the Monadnock region that have been built from the ground up in decades.”

Jackson said there will be more fundraising that needs to be done after the $110,401 is raised, which will help fund theater costs not associated with the construction of the building, such as outfitting the theater with lighting and other equipment.