Isaac Theatre Royal presents…
The ITR will reopen 17 November 2014
Follow the build progress in our photo gallery.
The Isaac Theatre Royal has fully settled for the reinstatement of the earthquake damage with its insurers Vero. Importantly, a 36-month Business Interruption insurance policy has enabled us to effectively continue our efforts to rebuild and reopen the Theatre to provide a much desired and essential venue for the performing arts in Christchurch. To the end of June 2014, with insurance settlement and privately fundraising and grants, the ITR’s current total financial capability for the project totals approximately NZ$36.5M.
The current estimated reinstatement cost of NZ$40.0M including NZ$1.0M contingency has resulted in the Theatre Royal Charitable Foundation embarking on a further challenging fund raising programme of NZ$3.5M throughout the third and fourth quarters of 2014 to meet this shortfall. The ITR has a commercial loan capability of NZ$2M which as been secured to partially underwrite the rebuild project shortfall and allow the work to continue to proceed to completion. Ideally, the ITR would prefer not to have to service significant commercial loans over the next 10-12 years so the target is to continue fundraising to meet the total NZ$40M cost and minimise the loan exposure.
THE THEATRE ROYAL CHARITABLE FOUNDATION ARE CURRENTLY IN THE PROCESS OF RAISING THE ADDITIONAL $3.5 MILLION REQUIRED TO FULLY COMPLETE THE REBUILD PROGRAMME TO REOPEN IN NOVEMBER 2014. YOUR SUPPORT TO HELP US ACHIEVE THIS GOAL IS WELCOMED.
This is the design concept for the restored Isaac Theatre Royal façade from architects Warren & Mahoney when she reopens later this year. Click on the picture for a larger image.
Read more in an article in The Press 12 May 2014
The back wall of our ITR comes to life!
Our massive thanks to Tauranga artist Owen Dippie and George Shaw and his team from Oi You! in making our enormous ballerina come alive..! The 30 metre high beauty is the final masterpiece of the recent RISE Festival and the largest piece of street art painting in Christchurch. Long may she grace the ITR’s back wall!
The Isaac Theatre Royal is currently closed due to damage caused by the 2011 earthquakes. Rebuild and upgrading work is well underway and we plan to reopen mid to late October 2014. Read more...
Be kept up to date about progress with the Theatre and how you can help - join the free Royal Friends.
The board and management of the Theatre Royal Charitable Foundation sincerely thank and acknowledge the support, through various significant grants and donations, towards the rebuild and restorations of the Isaac Theatre Royal:
Special Fundraising Shows and personal donations from some very special friends have raised an additional $500,000 towards the ITR's rebuild. Read more...
Rebuild and Restoration Progress
Read the earthquake updates
See images of:Rebuild Progress Earthquake Damage