Bowers Development in Syracuse officially owns the Schine Theater in Auburn.
The announcement was made Friday, the same day the theater’s previous owner, the Cayuga County Arts Council closed the deal with Bowers. In July, the state Office of Parks, Recreation and Historic Preservation approved the Cayuga County Arts Council plan to sell the 1938 art deco theater to Bowers Development.
Bowers Development bought the theater from the Arts Council for $15,000. The renovation of the theater is underway. It’s expected to cost $6 million and is should be completed by October 2019.
You can read the entire news release below: