The King’s Theatre in Edinburgh closed in preparation for its transformational redevelopment, yet a funding gap has now placed the King’s future in danger of closing. The charity behind the theatre, Capital Theatres, has already fundraised £26 million for the renovations, however, inflation, global conflict and changing trading agreements mean that the project will cost an estimated £8.9 million more.
Unfortunately, the news means that if the remaining amount is not found before the building is due to be signed over to the contractors in 35 days, the project will not be kept on track and the costs will spiral.
King’s Theatre Edinburgh opened in 1906 and has seen countless productions ever since, and it has been a noteworthy presence within the Scottish art lover’s community over the years, and is home to the famous Panto performances. The spectacular stonework in the foyer, the mahogany carvings accompanied by marble floors and the stained-glass ornaments are a jaw-droppingly regal touch. The auditorium is an even more outstanding experience, where spectators can spot something new every time they enter. Each carving speaks of a different tale, inviting audiences to look deeper not only during the theatre show, but also before it kicks off.
Now, The King’s Theatre could be closing its doors forever and the city will lose an essential venue and a vital cultural hub for its communities. Funding from public bodies and generous donations have helped the theatre thus far but it is now in need of increased support from statutory funders: the Scottish Government, the City of Edinburgh Council and the UK Government to help see this project through ’til the end.
Fiona Gibson CEO of Capital Theatres said:
“This really is the last chance saloon for the King’s. It’s been a long road planning and fundraising for the capital redevelopment of the King’s Theatre to turn it into both a thriving community hub, fully accessible to audiences and performers, and a world class venue, while maintaining its history and heritage.”
“We’ve examined our options and we cannot reduce the project cost any further by value engineering and to delay the redevelopment could lead to even higher costs in the long-term, putting the entire project at risk. If the money is not found in the next few weeks, the last opportunity for us to greenlight
the project, the King’s could close its doors forever.”
What can I do to help save the King’s Theatre?
Capital Theatres has been incredibly grateful for all the support received so far from many generous supporters so far. However, if you’re wondering what you can do to help save the King’s Theatre from closing, you can write to your local MP, MSPs and City of Edinburgh Councillors telling them why you love the King’s Theatre Edinburgh and call for this wonderful theatre to be saved. For more information, head to this website.