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Committee backs license agreement allowing Theater Puget Sound to manage Armory spaces
Summary
The Parks, Public Utilities and Technology Committee on Feb. 12 recommended passage of Council Bill 120939, a licensing agreement enabling Theater Puget Sound to operate the Space for Arts program in the Seattle Center Armory; committee vote was unanimous (5-0).
The Parks, Public Utilities and Technology Committee on Feb. 12 recommended passage of Council Bill 120939, authorizing a license agreement between Seattle Center and Theater Puget Sound (TPS) to manage and operate performance and rehearsal spaces in the Seattle Center Armory. The committee’s recommendation will be transmitted to the City Council; the committee vote was 5-0.
The five-year agreement with an option to extend addresses a new revenue-share model, operational cost coverage and updated rental controls intended to make TPS’s Space for Arts program financially sustainable after pandemic-era losses.…
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