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BestofNewOrleans.com reports that Roland Von Kurnatowski, founder of the Tipitina’s Foundation, and Dr. Eric George will buy the Orpheum Theater with a closing in February.
The Orpheum has been closed since Hurricane Katrina and has changed hands several times. The new buyers have plans for a full $10 million renovation with an estimated opening in 2014. The project will be financed with historic and music infrastructure tax credits.
The Orpheum has been mired in controversy since Katrina and nola.com reports that it was recently listed for $2 million.
The restored theatre will be the home of the Louisiana Philharmonic Orchestra and also be used for concerts, corporate and convention events and social events.
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