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Brooklyn, NY (2012)

Loew’s Kings Theater

Restoration and expansion of a historic and iconic performance venue, to serve as the centerpiece of a revitalized Flatbush Avenue.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $93,940,648

IMPACT

  • 78 FTE jobs
  • 364 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 89,000 sq. ft. of real estate

Investor

Project Description

Loew’s Kings Theatre (‘Loew’s’) was built in Brooklyn, New York, in 1929. It closed in 1977 after falling into disrepair. The complete historic renovation of Loew’s 3,200-seat theater includes the expansion of the stage house and operational areas, and increasing the theater’s size from 68,000 sq. ft. to approximately 89,000 sq. ft.. The theater’s auditorium and foyer is retained, restored, and modernized allowing Loew’s to host 200 to 250 performances a year which includes concerts, dance, theater, comedy and other live shows. Located in a low-income community and distressed census tract of Brooklyn, Loew’s is the largest indoor theater in Brooklyn and serves as both a cultural hub and catalyst for economic growth along Flatbush Avenue and throughout Central Brooklyn.

MAP

Address: 1025 FLATBUSH Avenue, Brooklyn, NY 11226

Census Tract: 36047079200

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