Designed by architect Thomas W. Lamb, the structure was said to be one of the largest, and most beautiful theaters in the New York area. Built in 1917 at a cost of $250,000, it had a seating capacity of over 2,400 and it is located on the same block as the historic Apollo Theater.
The theatre, which has been empty since 1989, is scheduled for a redevelopment. The plan will include preserving its historic facade, lobby, marquis and signage and transform the space into 385,000 square feet of mixed use space which will include 191 mixed-income residential rental units, half of which will be affordable – and a 210 room, full-service hotel. The project, located at 233 West 125th Street, will soar to 26 stories.
A groundbreaking ceremony took place in April, 2017, hosted by the Lam Group, Exact Capital, and Danforth Development. funders for the project include the Upper Manhattan Empowerment Zone, Goldman Sachs, and other sources.
The site will extend from 125th Street to 126th Street. We stopped by on August 30th to check on its progress. Images below were taken from West 126th Street, behind the existing Victoria Theatre. The project will cost approximately $178 million, with an anticipated completion date of Spring, 2019.