The Paramount Theatre launched a campaign Wednesday to raise money for the restoration of the 110-year-old building and a "reimagining" of the State Theatre next door.
“For a combined 200 years, these two historic venues have enriched the Austin community by shining a light on the very best in music, comedy, movies, thought-provoking speakers and beyond," Jim Ritts, CEO and executive director of the Austin Theatre Alliance, said in a press release. "Much more than entertainment – the Paramount & State change the way people see the world. And now they need Austin’s help to make sure they ‘shine on’ for everyone to enjoy for the next century.”
The plans for the Paramount include:
- Restoration of the interior paint work, plaster molding and chandeliers
- Updated and more energy-efficient infrastructure and technology
- Replacement of all 1,200 seats
- Expansion of restrooms and concession stands
- The creation of a lounge for events envisioned in the original blueprints
The plans for the State Theatre include:
- A transformation of the interior inspired by the building's art deco facade
- Restoration of the facade and marquee
- Installation of an elevator
- Updated seating
- The creation of a basement speakeasy and rooftop deck
- Expanded restrooms
The Austin Theatre Alliance, the nonprofit that operates the venues, set a fundraising goal of $65 million. Community members can donate here.
The Paramount is one of only 20 theaters in the U.S. that is more than 100 years old and still operating. It hosts over 500 events each year, including the Moontower Comedy Festival each spring, a Summer Classic Film Series, and premieres during the Austin Film Festival and South by Southwest. It also hosted a handful of ATXplained Live shows.
The theater opened on Congress Avenue as a vaudeville venue in October 1915. The State Theatre, Austin's first movie house, opened next door 20 years later. The two venues merged in 2000.
The Paramount will close in June for at least eight months while the renovations take place, the alliance said. Work on the State Theatre is expected to follow and will take 13-16 months to complete.