Renovations coming to historic Rex Theatre

Renovations coming to historic Rex Theatre


ON THE STREET NOT LONG AFTER SHE
WAS ELECTED, AND SHE SAID, ISN’T
THERE SOMETHING WE C DO TO GET
THIS BUILDING BACK OPEN? THE MANCHESTER BOARD OF ALDERMAN
PASS A PROPOSAL FOR THE PALACE
THEATRE TRUST TO OPERATE THE
BUILDING THAT WAS ONCE HOME TO
THE HISTORIC REX THEATRE.>>IT’S A RISK, BUT I THINK IT’S
GOING TO BE WONDERFUL FOR THE
CITY OF MANCHESTER
SIOBHAN: SINCE THE MANCHESTER
DEVELOPMENT CORPORATION, OR MDC,
BOUGHT THE BUILDING IN 2015, IT HAS SEEN AT LEAST TWO VIABLE
PROPOSALS FOR BUYERS OR
OPERATORS BE DROPPED. WE WERE DISAPPOINTED THAT THE
FIRST TWO DIDN’T WORK BECAUSE WE
HAD GOOD PARTNERS THERE, BUT
PETER’S RECORD AT THE PALACE
SPEAKS FOR ITSELF OR 20 YEARS,
SO WE REALLY FEEL LIKE THIS IS WHAT’S GOING TO WORK AND WE’RE
EXCITED. SIOBHAN: RENOVATIONS ARE
EXPECTED TO COST AROUND $1.7
MILLION. THE PALACE THEATRE TRUST WILL
REIMBURSE THE MDC FOR THAT COST
WITHIN 10 YEARS. PETER RAMSEY, PRESIDENT AND CEO
OF THE PALACE THEATRE, HAS BIG
PLANS FOR THE MULTI-USE,
300-SEAT VENUE.>>WE’LL DO EVERYTHING FROM LIVE
ENTERTAINMENT, A LOT OF MUSIC,
TO THEATER, TO DANCES. WE’LL HAVE A BIG BAND IN. SIOBHAN: RAMSEY SAYS HE SEES
VALUE IN SAVING THE REX.>>I THINK IT WILL BE 50,000
ADDITIONAL PEOPLE COMING TO
DOWNTOWN TO SPEND MONEY, TO
SPEND TIME, TO LAUGH AND SING
AND CRIED. AND IT’S GOOD FOR A CITY TO HAVE
PEOPLE VISIT WITH GOOD
INTENTIONS. SIOBHAN: THOSE RENOVATIONS ARE
EXPECTED TO BEGIN IN JANUARY AND

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