The College of William & Mary will lease and operate the historic Kimball Theatre while its own theater is renovated.
The Kimball Theatre had been slated to close July 6 under a financial restructuring the Colonial Williamsburg Foundation announced last month.
The 3.5-year agreement with William & Marty, which runs through January 2021 and has options for annual renewals, will provide a venue for William & Mary instruction and programming during the upcoming renovation of the Phi Beta Kappa Hall mainstage theater.
The college does not intend to use the Kimball theater long-term.