(GoLocalProv, By GoLocalProv News Team)
2017 was a pivotal year for the restoration of the historic Newport Opera House, which has stated that during renovation — which is slated to be completed in 2018 — the economic impact is calculated to be over $15 million, supporting 181 jobs in Newport County.
Their data also shows the new theater and its audiences will generate $1.6 million per year in new direct and indirect economic activity, once the theater is open and presenting, including supporting 54 jobs in Newport County with an annual payroll of approximately $367,359.
With the successful completion of phase one of construction in 2017, including the new state-the-art expanded stage and key structural renovation, and growing community backers of over 6,000 supporters – including hundreds of businesses and organizations.
According to the Opera House, no theater within fifty miles has a capacity between 400 and 1,000; — the theater’s 700 seats will be a unique asset that will attract performers currently limited to outdoor appearances in the area.
“Potential partnerships with Newport’s Folk and Jazz festivals, the Newport Music Festival, Rhode Island Philharmonic, Island Moving Company, Trinity Repertory Theater, existing summer season presenters and others will provide local arts organizations with a quality performance space that will help extend seasons and develop year-round audiences,” says the Opera House. “The Opera House Theater’s location in Washington Square, a National Historic Landmark District, places it squarely at the cultural, historic, commercial and architectural crossroads of the city.
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