On Wednesday, an official announcement will be made that the troubled Carmel Community Players, once on the list of tenants
for the in-the-works Carmel Performing Arts Center, will instead be putting down roots at Clay Terrace.
Simon Property Group and Lauth Property Group are on board for the venture, with the space also being made available to other arts groups (with proceeds benefiting CCP).
Here's hoping the effort works out better than attempts to put live theater in at Circle Centre. (Anyone else remember the sort-lived "Late Night Catechism"?) CCP has faced its share of challenges and this effort could be a win all around.
Your thoughts?
Simon Property Group and Lauth Property Group are on board for the venture, with the space also being made available to other arts groups (with proceeds benefiting CCP).
Here's hoping the effort works out better than attempts to put live theater in at Circle Centre. (Anyone else remember the sort-lived "Late Night Catechism"?) CCP has faced its share of challenges and this effort could be a win all around.
Your thoughts?
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Best wishes to Carmel City Players, but does anybody else wonder if this is a bad sign for Clay Terrace? Most major shopping centers are scarcely seeking something with very limited operating hours--such as a theater--unless they are struggling to find tenants.
There is very little interest in retail space right now (even in Carmel) as many retailers are still having issues moving merchandise and have reduced or cancelled their expansion plans. So if space if available at Clay Terrace, why not rent it to a theater.
Also, with recent court rulings that providing non-profits with reduced rent is considered a donation, Simon gets to right-off any reduced rent while having a tenant.
It also has a great side benefit of where to go before/after a show (also good for Clay Terrace) and gets more exposure for the theater.
I say - Way to go CCP Board on landing in a great spot!
I put together a proposal that highlighted the possible uses for the Playhouse when the theater is dark. This is a big Win-Win for CCP, Clay Terrace and the community. Score one for the good guys!