Carolina Theatre Reaches Construction Fundraising Goal
The historic Carolina Theatre closed in 1978 following a run of the Bruce Lee movie Fists of Fury. Now, after meeting its $51.5 million construction fundraising goal, the theatre is closer than ever to a new beginning.
The goal was topped thanks to a $500,000 gift from Barings, the global financial services firm that recently opened its new headquarters at 300 South Tryon Street.
The 36,000-square-foot Carolina Theatre was gifted to FFTC by the City of Charlotte in 2012 with the goal of restoring the classic theatre and creating a civic hub and entertainment venue. The theatre will be part of a larger civic campus known as Belk Place in honor of the families of Katherine Belk and the late Thomas M. Belk, and the late Claudia and John M. Belk. It will also feature an InterContinental hotel atop, owned by the Salter Brothers & Gu Group. The hotel plus theatre will rise to 32 stories.
A newly-launched website – www.carolinatheatreCLT.org – allows the public to follow progress on construction, receive updates and get involved in the project. The Carolina Theatre team has also launched a public awareness and fundraising campaign. The public fundraising campaign is focused on garnering support for equipment that will enhance visitor experience, such as a popcorn machine and candy display case.
Construction began in fall 2017 with a target of opening in 2020.
Learn more about the Carolina Theatre, get updates on construction and find out how to get involved by visiting www.carolinatheatreCLT.org or following on Facebook and Instagram: @CarolinaTheatreCLT.