The Maltz Jupiter Theatre's fundraising for a $32 Million expansion got one step closer to their goal today with a $5 million matching gift from Milton and Tamar Maltz.
Their foundation will match any new donation made to the Theatre's Belive capital campaign dollar-for-dollar. When the Theatre reaches $5 million, added to the existing $14 million already raised, it will bring the total to $24 million.
— T.A. Walker (@timallanwalker) January 3, 2019
“We feel privileged to continue our support of the Maltz Jupiter Theatre and its bright future,” said Milton Maltz, founder and chairman emeritus of the Theatre’s board of directors in a statement. “We wanted to do something that would encourage the rest of the community to join us by investing in this wonderful cultural institution and all that it can become.”
The not-for-profit Theatre has proposed an expansion that will improve production facilities within the next five years. Under the current plan, the Theatre’s improved stage will be ten feet deeper and six feet wider on either side, enabling the Theatre to qualify for pre-Broadway and national tours. A third-floor rehearsal studio will provide actors with a view, and residents will have the opportunity to see actors working and rehearsing.
Designed by Currie Sowards Aguila Architects, the expansion’s proposed layout will double the square footage of the building without impacting the 617-seat audience chamber’s intimacy.
“We are so excited about the endless possibilities for the Maltz Jupiter Theatre,” said Andrew Kato, the Theatre’s producing artistic director and chief executive. “This generous matching gift challenge from Milton and Tamar Maltz through The Milton and Tamar Maltz Family Foundation will bring us even closer to reaching our goals of producing the next Broadway-bound hit musical right here in South Florida. Soon, patrons won’t need to travel to be among the first to see the next Hamilton: An American Musical or Disney Frozen: The Broadway Musical.”