Foundation for the Carolinas

Monday, June 19, 2017  

In this edition of Charlotte Talks, reporter David Boraks joins host Mike Collins to discuss the Foundation for the Carolinas. David reported on the Foundation's rapid growth and influence. You can listen to that story here.

Then, we'll turn to the special election in South Carolina. Voters choose Tuesday between Republican Ralph Norman and Democrat Archie Parnell. The winner replaces Mick Mulvaney, who resigned to become White House budget director. We'll be joined by political science professors Scott Huffmon of Winthrop University and Susan Roberts of Davidson College.

CEO Michael Marsicano spoke at the Foundation for the Carolinas annual meeting in March.
Sean Busher

The Foundation for the Carolinas has become a driving force in the Charlotte region on issues like the environment, education, social services and the arts. It's also helping transform uptown, including a project just begun - the $100 million Carolina Theatre renovation and hotel development on North Tryon Street.

Architect's drawing of the planned InterContinental Hotel, above a renovated Carolina Theatre at Sixth and Tryon streets in Charlotte.
Foundation for the Carolinas

The long-awaited renovation of the Carolina Theatre in uptown Charlotte is scheduled to begin in May. That's according to the Foundation for the Carolinas, which owns the property. The foundation also announced Tuesday it has investors lined up for a luxury hotel to be built above the theater.

via Foundation for the Carolinas

Mecklenburg County commissioners unanimously decided to give $4.2 million toward the renovation of the Carolina Theatre in uptown Charlotte.  

The theater opened in 1927 and has largely sat vacant for the past 35 years. The Foundation for the Carolinas is renovating it with plans to turn it into a civics arts facility.

Carolina Theatre's Fate Still Up In The Air

Dec 5, 2012
danmachold/Flickr

The non-profit Foundation for the Carolinas won the first round of the bid for the Carolina Theatre this week—for $1. A city council committee chose that bid from the Foundation instead of a half million dollar offer from the company that developed the NC Music Factory. But, it's far from a done deal.

The Carolina Theatre sits on Sixth and Tryon, and once upon a time, it hosted megastars like Elvis, Bob Hope, and Frank Sinatra. For the past thirty years it’s lain unused and neglected. But now the theater, and its first-class location, has three serious suitors.

The Carolina Theatre in uptown Charlotte has sat vacant for more than 30 years.

But in its heyday, stars like Elvis Presley and Frank Sinatra played there. 

City council members are considering plans to renew the theater to its old glory.  They got a step closer yesterday to choosing one. The Council’s Economic Development Committee voted 3-2 to support selling the property for $1 to the Foundation for the Carolinas.