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ACT Strand Theatre groundbreaking: donors, city leaders tout arts-led Market Street revival
Summary
At a Groundbreaking ceremony, ACT and city leaders described the Strand Theatre renovation as a 300-seat main stage with a 125-seat black box; campaign goal $32.5M, with recent large gifts bringing the campaign to $26.5M, and an expected opening planned for February.
Arts leaders, donors and elected officials gathered for the ACT Strand Theatre groundbreaking in Mid-Market. ACT's board and executive director described the project as an effort to rehabilitate a 100-year-old theater into a 300-seat main performance space with a 125-seat black box and a two-story public lobby.
Speakers announced campaign finance milestones: an overall campaign goal of $32,500,000; more than $9,000,000 in historic and new market tax credits; nearly $10,000,000 raised in private contributions to date; and two new gifts, including an anonymous $5,000,000 donation and a major contribution from Arthur Rock and family, moving the campaign to $26,500,000. ACT and city leaders framed the project as a catalyst for Market Street revitalization and emphasized partnerships with neighborhood arts groups.
Mayor Ed Lee and civic leaders praised the project for its potential to link arts, small business and tech-driven economic revival along the Mid-Market corridor. ACT representatives said the theater will serve as a hub for community programming, student education, and new work, and invited the public to future events as the project advances toward an anticipated opening.
