The theater company signed a lease with actress and former Wilmington resident Linda Lavin to use the space on South Third Street rent free.
Lavin and husband Steve Bakunas had put the theater up for sale late last year when they decided to permanently move to New York.
Now Thalian Association will use the theater for building sets, holding classes for Thalian Association Children's Theater (TACT) and a possible summer theater season.
"This is an exciting new opportunity for Thalian Association and we are deeply grateful to Linda Lavin and her husband Steve Bakunas for their generosity and support of community theater in Wilmington," said Hank Miller president of the Thalian Association Board of Directors in a press release. "Having a place to call our own is vital to our growth and our ability to expand both our adult and children's theater programs. We're eager to start developing plans for the Red Barn Studio Theater and use this opportunity to bring community theater to a broader audience in the Cape Fear area."
Under the terms of the lease agreement, the theater will be renamed the Red Barn Studio Theatre, home of Thalian Association. A new sign will go up in July.
"Thalian Association is the perfect fit for the Red Barn Studio Theatre and we're thrilled that theatre will continue to live on in this facility," said Linda Lavin in a press release.
Lavin and Bakunas are also donating a new lighting system worth $20,000.00. They had purchased it before they decided to close the theater, and it was never installed.
Thalian Association will continue to manage the city-owned Community Arts Center in downtown Wilmington. All Thalian Association activities at the CAC will continue, including TACT rehearsals and performances.
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