facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
News

Jun 3, 2024

Shakespeare Center of Los Angeles Breaks Ground on Transformative Renovation Project

Shakespeare Center of Los Angeles Breaks Ground on Transformative Renovation Project
Traded Media
Traded Media

Traded Editorial

1 min read

A few weeks ago, The Shakespeare Center of Los Angeles (SCLA), celebrated the groundbreaking of its “home improvement project.” 

Renowned architecture firm SPF: a was tapped to lead the architecture & design. The renovation will include a state-of-the-art 299-seat live performing arts and community center, a 22,000-square-feet multi-media rental studio, supporting broadcast, streaming, recording, and traditional sound stage activity, and a cultural community center dedicated to world-class theatrical productions, high-quality arts enrichment for students and teachers, work-readiness training for youth, and on-the-job training / transitional employment for veterans and chronically unemployed. 

SPF: a’s vision for the theatre’s reboot focuses on maximizing the potential of the existing structure. Instead of building from the ground up, the original 1964 warehouse will be transformed into a two-story, 16,200-square-foot, state-of-the-art public theatre. Upgrades will include retractable seating, a stage trap, classrooms, workshops, and other supportive, flexible spaces for administrative operations. Structural changes include raising the current roof by 20 feet and creating a stage pit. The new theater will also feature a green roof to absorb sunlight and improve insulation, along with a rainwater collection system for irrigation.

To date, SCLA has secured $15 million for the renovation through the innovative sale of US Department of the Treasury New Market Tax Credits, a game-changing contribution of California Arts Council funds arranged by California State Senator Maria Elena Durazo; a grant from the U.S. Department of Commerce Economic Development Administration, and a lead gift from The Ahmanson Foundation that put the project in motion. 

Published: Jun 3, 2024Last updated: June 7, 2024