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U.S. Bank Celebrates Reopening Of Historic Howard Theatre

Stocks in this article: USB

Officials from U.S. Bank, Howard Theatre Restoration, Inc., Ellis Development Group, and City officials will gather on Thursday, April 12 to celebrate the grand reopening of the Howard Theatre with a star-studded gala and benefit concert featuring performances and appearances by some of the most legendary figures in the worlds of music, comedy and dance.

U.S. Bank, through its community development subsidiary, provided more than $10 million in financing in support of the $29 million historic renovation. The financing package included New Markets and Historic Tax Credit financing structured in partnership with Hampton Roads Ventures, Mid-City Community CDE, and DC Housing Enterprises. U.S. Bank also serves as a gala event sponsor.

“We’re proud to be a partner of choice in the revival of this social, cultural and architectural landmark,” said Laura Vowell, Vice President of U.S. Bank. “Howard Theatre Restoration and Ellis Development had a vision that this historically-important but badly-neglected structure could be brought back to life, and they assembled a team to do it. Financial support from U.S. Bank and our partners helped ensure that a building which played a significant role in Washington DC’s past will do so again in the future.”

Located near the corner of 7 th and T Streets, the Howard Theatre—"The Theatre for the People”—was originally constructed in 1910 and served as one of the oldest and most popular performing arts venues for African American singers and musicians when the nation was deeply divided by segregation. Late greats such as Ella Fitzgerald, Duke Ellington, Marvin Gaye, The Supremes and Sidney Poitier all performed at the Howard Theatre. The theatre closed in 1980.

Redeveloped by Howard Theatre Restoration, Inc. in collaboration with the District of Columbia and the Ellis Development Group, the 16-month restoration of the theatre returns it to its original use as a premier performing arts venue.

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