City Commits $1M to Palace Theatre Revitalization
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Description
Thomasville committed $1 million from its general fund reserve as matching funds to support P.A.C.E. Downtown Thomasville’s revitalization of the historic Palace Theatre. The nonprofit partner will lead development of the theatre as a public arts and economic development anchor downtown.
Contract Details
Contract Amount
$1,000,000 (City funding commitment as project match)
Vendor
P.A.C.E. DOWNTOWN THOMASVILLE (PEOPLE ACHIEVING COMMUNITY ENHANCEMENT)
Agency
City of Thomasville, NC
Contract Type
OTHER
Document Date
April 20, 2026
Renewal Info
One-time $1 million commitment as a match to funds raised by P.A.C.E. or other organizations; no recurring term or automatic renewal is described.
More from P.A.C.E. DOWNTOWN THOMASVILLE (PEOPLE ACHIEVING COMMUNITY ENHANCEMENT)
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