For 100 years, generations of Minnesotans and people from across the nation have come through the lobby doors of the historic, jewel box theaters in downtown Minneapolis, taking their seats in the Hennepin Theatre District and being transported as the lights dim and the curtain rises.
Over the years, these theaters and the art performed on their stages have surprised and delighted, prodded and provoked. They have explored social issues and ideas and have provided understanding and healing, even through the most challenging of times.
It wasn't always so. In the decade leading up to 1990, all three theaters were vacant and boarded up after a series of owners decided the upkeep wasn't worth the cost, and Hennepin Avenue wasn't active enough to support a full traveling Broadway season. Thankfully, that all changed when the city led the way and purchased the theaters, restored them and brought them back to their original glory.
The State Theatre reopened after restoration in 1991. The Orpheum followed in 1993, and "Miss Saigon" opened there in 1994. Finally, the Pantages was restored and reopened in 2002. The city imposed a modest theater restoration fee on tickets in the late 1990s that financed their restoration.
In 2005, city leaders, along with performing arts visionaries Fred Krohn and Tom Hoch, developed a plan to ensure the futures of the theaters. Hennepin Theatre Trust was established in 2000 as a nonprofit organization to assume responsibility for and guarantee their future. In 2005, the trust executed a lease and bond financing with the city of Minneapolis to transition ownership of the theaters from the city to the trust over 30 years.
The rest is musical theater history, in short in the words of Elphaba from "Wicked," we "have been changed for good."
This year, the city and Hennepin Theatre Trust celebrate the 100-year birthdays of the Orpheum, State and Pantages theaters. But that's not all we're celebrating.
This week, the trust, in partnership with Minnesota-based Bremer Bank, announced that it has repaid the bonds the city of Minneapolis issued in 2005 for the Orpheum, State and Pantages theaters — 13 years ahead of schedule.