Proctor's Theater

 

Proctor’s Theater

Troy, New York

 
 

BUILDING
90,094 SF
Office, Adaptive Reuse, Retail

SERVICES
Owner
Construction Management
Property Manager

Constructed c. 1914 by local entrepreneur Frederick Freeman Proctor, the double-balcony auditorium, originally designed for vaudeville performances, was converted into a motion picture theater soon after it opened. Once a grand historic landmark, Proctor's Theater has been vacant since 1977. The massive structure, with its nearly half-block long facade, behind which a vacant five-story office building is situated, severely deteriorated over time. The deserted and blighted appearance had a chilling effect on the area. For years potential developers, otherwise interested in the attractive and historical buildings located nearby, were reluctant to invest due to the large vacant expanse created by Proctors, creating a ripple effect of disinvestment along the Fourth Street corridor.

 
 
 

The redevelopment of historic Proctor's Theater in Troy began in late 2010. Purchased by Columbia Development, redevelopment was made possible with the assistance of a Restore NY grant and historic tax credits. The project included the complete renovation of the 30,094 square foot office building and the stabilization, remediation and facade restoration of the 60,000 square foot theater.