Lyra Update 03/05/21

$44.4 Million Loan Secured for Huntington Theatre

Huntington Theatre Company has secured a mortgage for $44,460,000 from Century Bank and Trust Company for The Huntington. 

A 32-story, 405,500-square-foot mixed-use tower featuring up to 426 studio, one- and two-bedroom apartment residences, the 890-seat Huntington Theater building will be retained in the project. The first two levels of the proposed tower would be connected to the existing theater and expand the theater by 14,000 square feet; the new theater space would be leased to Huntington Theatre Company at a nominal rent. As part of the project, a new accessible entrance for the theater would be constructed in the proposed tower’s lobby. 

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