New York Construction Report staff writer
A $24 million renovation is underway at the Todd Haimes Theatre, marking the first major upgrade to the Broadway landmark in nearly three decades. The multi-phase project, led by Promethean Builders in partnership with Roundabout Theatre Company, is preserving the 107-year-old venue’s Neo-Renaissance architecture while modernizing its infrastructure for 21st-century audiences.
Design is being handled by Allied Works Architecture and architect Fred Basch, with Promethean Builders overseeing construction. The project integrates historic restoration with advanced building performance, all within the active and complex environment of Times Square.
“This is a high-profile, high-impact renovation,” said a representative from Promethean Builders. “Successfully blending preservation and innovation in a live urban setting is central to this project. We’re proud to help position this iconic theater for its next century of service.”
Originally opened as the Selwyn Theatre in 1918, the venue is scheduled to reopen in Spring 2026 with fully modernized facilities. The renovation includes expanded lobby space, improved accessible seating, updated elevators and restrooms, new resilient carpeting and seats, and upgraded safety systems. Assisted listening technology—including a hearing-aid-compatible induction loop—will be installed to better serve Deaf and Hard of Hearing patrons.
The theatre’s Penthouse Lobby will be transformed into a new public gathering space, supported by Empire State Development funding. Electrical and façade improvements will help preserve the historic charm of the building while enhancing functionality and energy performance.
Backed by $1.9 million in state funding from the New York State Council on the Arts and Empire State Development, the renovation is a key investment in New York’s cultural infrastructure and economic vitality.
Roundabout Theatre Company, which operates the venue, is one of the city’s leading nonprofit arts institutions. Founded in 1965, Roundabout presents award-winning work and serves over 200,000 audience members annually, while also reaching thousands of students and educators through its acclaimed arts education programming.
“This revitalization will give artists and audiences a welcoming and fully accessible home on Broadway,” said Scott Ellis, Roundabout’s interim artistic director. “It honors the legacy of Todd Haimes, whose vision transformed this space into the vibrant venue it is today.”
>State and city officials emphasized the project’s broader impact on the local economy, tourism, and arts community. The renovation aligns with ongoing efforts to revitalize New York’s Theater District and ensure its accessibility to diverse audiences.
Empire State Development, NYSCA, and the New York City Regional Economic Development Council all highlighted the role of the renovation in driving local jobs, supporting cultural tourism, and enhancing New York’s competitive edge in the global arts sector.
>The Todd Haimes Theatre renovation is part of a broader movement to invest in New York’s cultural assets, supported by programs such as the NYC Musical and Theatrical Production Tax Credit, diversity workforce initiatives, and expanded access to discounted tickets for low- and moderate-income residents.
When the doors reopen in 2026, the Todd Haimes Theatre will be ready to welcome the next generation of artists and audiences—fully restored, fully modern, and fully accessible.
