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Press Releases FOR
IMMEDIATE RELEASE
Historic Richmond Foundation and the then-separate William Byrd Branch of APVA, in collaboration with other investors, purchased the north side of the 700 block of
RIC Capital Ventures will renovate the theater, to be called the National, into a 1500-seat music venue that will present more than 100 acts during its first year. One partner in RIC owns and operates the successful NorVa theater in Norfolk, Va, with other partners producing the popular Innsbrook After Hours concert series. Work should be complete by spring or early summer 2007. National Theater interior, Photo by Richard Cheek About Historic Richmond Foundation:Founded in 1935, Historic Richmond Foundation is the largest and oldest non- profit organization devoted to preserving the historic assets that define the unique character of the Richmond area. The agency has been instrumental in saving hundreds of historic structures, was a leader in the designation of the city’s first historic district (St. John’s) in Church Hill, and helped establish the city’s Commission of Architectural Review a half century ago. From its earliest efforts to save the Adam Craig house, HRF has pioneered the concept of adaptive reuse of old buildings. It maintains a special Revolving Fund to purchase, renovate and resell historic properties and publishes books about the city’s distinctive architecture.  Historic Richmond Foundation - The William Byrd Branch of APVA Preservation Virginia |
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(Richmond, Va. September 1, 2006) Historic Richmond Foundation is proud to announce that the historic National Theater was sold to RIC Capital Ventures, LLC on September 1, 2006. The buyer plans to renovate the 1923 property into a live music venue for downtown Richmond.
were threatened with demolition to create surface parking. The rest of the block was later sold to the