© 2023 St. Louis Public Radio
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Agency approves city part of financing for Kiel Opera House rehab

(photo by Rachel Lippmann, St. Louis Public Radio)

By Rachel Lippmann

St. Louis – A city development agency has authorized the sale of more than $36 million in bonds to help rehab the Kiel Opera House.

The bonds are the first part of the $70 million needed to reopen Kiel as a performing arts venue. The property's owner and developer hoped to have it open by this Christmas, but the economic collapse made financing nearly impossible to get. Aldermen approved the redevelopment plan about a year ago.

A spokesman for SCP Worldwide, which owns Kiel as well as the St. Louis Blues, said the company is making "very good progress" securing the needed private financing, but would not give a timetable.

The Opera House has been vacant since 1991. When completed, it will compete with the Fox Theater for Broadway shows, but also have smaller performing spaces for regional theater groups.


Send questions and comments about this story to feedback@stlpublicradio.org.