The American Repertory Theater reports it will be moving from Cambridge to Allston thanks to a $100-million donation to Harvard to build "a state-of-the-art research and performance center" in Allston - although it will remain in its current home in the Loeb Drama Center for several years.
The money comes from David and Stacey Goel. He is a co-founder of Matrix Capital Management Company LP, and a Harvard alumnus.
As part of the University’s plan for its expanding campus, and adjacent to the athletic facilities on North Harvard Street, the new center will anchor Harvard’s arts presence in Allston alongside the Business School, the John A. Paulson School of Engineering and Applied Sciences, and the transformative science, entrepreneurship, and discovery activities already underway. The ArtLab, a new hub for arts innovation on North Harvard Street in Allston, was completed in January. It will complement arts programming offered through the Harvard Allston Ed Portal and the Office for the Arts’ ceramics studio on Western Avenue. ...
The University will continue to assess its design, fundraising, and planning needs in the coming months, and the A.R.T. will continue to produce work at the Loeb for several years while plans develop.