JOLIET, IL — State Representative Larry Walsh, Jr., D-Elwood, will hold a press conference at 10 a.m. Friday to announce more details about a $5 million grant the Rialto Square Theater will receive through the through the Illinois Department of Commerce and Economics. Opportunity.
Walsh will hold his press conference at the Rialto, which was built in 1926 and is considered one of the top 10 indoor entertainment venues in North America.
“The Rialto Square Theater is a cultural center in greater Will County, as well as an important historic building,” Walsh said in Wednesday’s announcement. “I recognize that the continued success of the theater is essential for the cultural and entertainment programming of our 86th arrondissement, as well as for the jobs and vitality of the downtown area.”
The historic Rialto Square Theater is operated by VenuWorks, Inc. based in Ames, Iowa.
Last August, Patch reported that the Rialto Square Theater received a shuttered theater operator grant of over $1.4 million.
At that time, Rialto Executive Director Val Devine told Patch that Rialto was facing several costly construction and repair projects with the following estimated costs:
- Renovation and expansion of the ground floor washrooms, approximately $550,000
- New air conditioning unit for the rotunda/esplanade/theater approx. $900,000
- Roof removal and replacement approximately $30,000
- Infrared tests fix about $30,000
- Replacement of theater seats approximately $725,000