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Walton Family Foundation Awards TheatreSquared $12.5M

1 min read

TheatreSquared received $12.5 million in grants from the Walton Family Foundation for the design and construction of a new facility.

The grants include nearly $9 million for construction as a match to TheatreSquared’s own fundraising and $3.5 million from the foundation’s Northwest Arkansas Design Excellence for the facility’s design. The new facility is scheduled to be built at the corner of West Avenue and Spring Street in Fayetteville, across from the theater’s current location.

TheatreSquared is scheduled to begin its public fundraising this year.

“These significant commitments are an incredible affirmation of the path ahead,” said TheatreSquared Executive Director Martin Miller.

TheatreSquared’s facility will be 50,000 SF designed by Charcoalblue of London and Marvel Architects of New York City. It is scheduled to have two theaters, rehearsal space as well as other amenities that include guest artist apartments and a café.

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