Palm Beach Opera opens new rehearsal space

Miami /
Mar.March 06, 2013 04:00 PM

The Palm Beach Opera will open a new rehearsal center today, at 2414 Florida Avenue in West Palm Beach. In order to save money on renting rehearsal areas on a daily basis, the non-profit secured a long-term lease on the 6,000-square-feet space, the Sun Sentinel reported.

The Opera invested $75,000 in improving the space and hopes to save about that much on rentals each year, the Sentinel said. It will also recoup even more of its investment by renting the rehearsal space out to third-parties. The arts group was hit hard by the recession and the Bernie Madoff scandal, but today’s opening may represent a step back in the right direction for the troubled group.

Investment in the rehearsal space is also part of a broader restructuring effort. The group plans to trim the number of full-scale operas it puts on each year, begin attracting younger audiences and bring in multi-year donors to help improve its financial situation.

“We have to be willing to question continuously what we’re doing, why and how — even in an art form as old as opera — if we want to be sustainable,” general director Daniel Biaggi told the Sentinel.

The Opera has also begun promoting meet-ups for young professionals in downtown bars. [Sun Sentinel] –Evan Bleier


Related Articles

arrow_forward_ios
Bruce Percelay with 261 Nightingale Trail (LinkedIn, Google Maps, Getty Images)
Goldman Sachs rainmaker drops $16M on Palm Beach spec house
Goldman Sachs rainmaker drops $16M on Palm Beach spec house
1201 Brickell Bay Drive, Citadel's Ken Griffin and 830 Brickell office tower in Miami (Google Maps, OKO Group and Cain International, Illustration by Priyanka Modi for The Real Deal with Getty)
Mapping out Ken Griffin’s Miami shopping spree
Mapping out Ken Griffin’s Miami shopping spree
Todd and Kim Glaser with 125 Via Del Lago in Palm Beach (Google Maps, Illustration by Priyanka Modi for The Real Deal with Getty)
Seller’s remorse? Developer Todd Glaser buys back Palm Beach mansion for $23M
Seller’s remorse? Developer Todd Glaser buys back Palm Beach mansion for $23M
Frist Cressey Ventures Bryan Cressey with the property at 2315 S Ocean Blvd. in Palm Beach (Zillow, FCVentures, Illustration by Priyanka Modi for The Real Deal with Getty)
Venture capitalist sells oceanfront Palm Beach compound for $49M
Venture capitalist sells oceanfront Palm Beach compound for $49M
Citadel’s Ken Griffin and the former Neiman Marcus building at 151 Worth Avenue in Palm Beach (Citadel, Google Maps)
Ken Griffin’s South Florida state of mind: Citadel to open Palm Beach office
Ken Griffin’s South Florida state of mind: Citadel to open Palm Beach office
Rush and Kathryn Adams Limbaugh along with 1495 North Ocean Boulevard in Palm Beach (Getty Images, Zillow, iStock)
Rush Limbaugh’s oceanfront Palm Beach estate marketed for sale, asking up to $175M
Rush Limbaugh’s oceanfront Palm Beach estate marketed for sale, asking up to $175M
Ken Griffin, CEO of Citadel LLC, along with a rendering of his planned oceanfront estate in Palm Beach (Getty Images, Citadel LLC, iStock)
Here’s the oceanfront estate Ken Griffin plans to build for his mom in Palm Beach
Here’s the oceanfront estate Ken Griffin plans to build for his mom in Palm Beach
Lawrence Moens has represented many of Palm Beach's biggest-ticket buyers, including (L-R) : Larry Ellison, Steve Wynn, Ken Griffin and Donald Trump
Meet the mystery go-to agent for Palm Beach billionaires
Meet the mystery go-to agent for Palm Beach billionaires
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...