Preserving the Colonial Theater in Laconia, New Hampshire

The Union Leader today has an interesting story on the efforts to preserve the Colonial Theater in Laconia, New Hampshire.  From the story:

Though the ceiling frescoes are still covered by ceiling tiles and the Italian marble is still covered under years of dust, the city’s efforts to revive the dazzling Colonial Theater got a huge boost last week.

A nonprofit group working to save the 1914 theater has been allowed to sell up to $625,000 in tax credits through the Community Development Finance Authority . . .

The Cultural Arts Center of the Lakes Region will need to sell the credits by April 2012 to be part of the preservation, she noted.

That is when an option to buy the building from the Baldi family expires.

Bradley said efforts to attempt to preserve the theater go back to the 1980s.

This year it was named among the Seven to Save by the New Hampshire Preservation Alliance.

According to the City of Laconia website, if anyone is in position to lend them a hand (or should I say money), you can contact Carmen Lorentz of the Belknap County Economic Development Office at 603-524-3057 for information.  Here is the real estate listing by Bean Group for the Colonial theater with a list price of $2.125 million.

The Colonial Theater in Augusta, Maine is also facing the same challenges.

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