Indy Fringe and Arts & Entertainment, etc. and Venues and Events and Real estate deals and Fundraising and Real Estate & Retail

IndyFringe buys headquarters building

January 7, 2012

If homeownership is a sign of maturity, consider IndyFringe Theatre part of the arts establishment.

The not-for-profit that organizes the IndyFringe Festival bought the old church at 719 E. St. Clair St. that it has rented as a headquarters the past three years. The building has become a year-round venue for emerging artists.

The purchase from R.L. Young is part of a larger plan to add an indoor-outdoor theater and a public rest room that would tie into the nearby Cultural Trail. IndyFringe is calling the expansion project the “trailhead.”

otb-indy-fringe-010912-15col.jpgIndyFringe Theatre plans to add an indoor-outdoor theater and a public rest room to its new property, tying into the nearby Cultural Trail. (IBJ Photo/ Perry Reichanadter)

IndyFringe is looking to raise $750,000 and is more than halfway to that goal, with $440,000 so far.

The campaign kicked off last July with a $100,000 donation from Katrina and Frank Basile. Additional funds came from the Allen Whitehill Clowes Charitable Foundation, Central Indiana Community Foundation and multiple private donors.

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