Largest private contribution to date intended to “anchor” the capital campaign
NASHUA, N.H. — At a press conference to be held on Wednesday, January 29, Bank of America will announce the awarding of a $250,000 anchor grant to the Nashua Performing Arts Center. The grant is intended to anchor the $2.5 million private capital campaign and inspire additional contributions. The Performing Arts Center is expected to be the catalyst in realizing the city’s vision to make Nashua an arts and cultural hub.
“Opening a performing arts center at 201 Main Street is an important centerpiece to Nashua’s Main Street community, key in the effort to revitalize Nashua’s downtown,” said Nashua Mayor Jim Donchess. “City leaders and community partners, like Bank of America, have worked tirelessly together for some time to make this project a reality. Nashua owes a very special thank you to Bank of America for its generous award to this precious project and for being such an amazing community partner.”
Designed by ICON Architecture, Nashua Performing Arts Center will be a flexible venue that will accommodate diverse theatrical and musical performances, corporate and non-profit events, and family celebrations such as weddings and other private gatherings. The Performing Arts Center will seat up to 750. Retractable seating in the main level audience chamber will allow for flat-floor standing room audiences of up to 1,000 people and banquet seating for 270 people.
Led by Harvey Construction, work will begin on the Performing Arts Center in September of this year and is expected to create 120 jobs.
Spectacle Management, a New England booking agent and performance venue management company, has signed on to operate the Nashua Performing Arts Center. Spectacle will run all aspects of the building and operations from bookings to marketing, hiring and managing staff. Spectacle Management estimates the Nashua Performing Arts Center will experience between 130 and 200 days of use per year, annually attracting 70,000 people to Nashua’s downtown by year three of operations.
“We believe arts play an important role in the cultural and economic development of every community,” said Ken Sheldon, New Hampshire market president at Bank of America. “We applaud the City of Nashua for their foresight and consider ourselves fortunate to have a role in bringing their grand vision to life.”
WHAT: Nashua Performing Arts Center Bank of America Grant Announcement
WHEN: 4:30 to 6:00 PM January 29, 2020
WHERE: 201 Main Street, Site of the future Performing Arts Center
WHO: Ken Sheldon, New Hampshire market president at Bank of America; Jim Donchess, Mayor of Nashua; Kate Luczko, President & CEO, Greater Nashua Chamber of Commerce; Deborah Novotny, Nashua Performing Arts Center Fundraising Committee Chair
CONTACT: Trevor Koenig, email@example.com, (302) 432-1150
Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom. Click here to register for news email alerts.
# # #