Photo by Barbara Eldredge

After being closed up for decades, with the very real possibility of condemnation and destruction in its future, the old Loew’s Kings Theatre came back to life spectacularly in 2015, like the legendary phoenix from the ashes. It was easily one of the year’s greatest triumphs.

“Legendary” is apropos, because this massive theater was one of the Loew’s company’s five “Wonder Theaters,” all built with great pomp and splendor at the beginning of the Great Depression.

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Perhaps nothing is as emblematic of both the old and new Brooklyn as the newly restored Kings Theatre in Flatbush. After a $93 million restoration, it opened in February for the first time in 40 years and has gone on to win a preservation award and kindle renewed interest in the area.

And now it will be acquired by Ambassador, a vertically integrated theater chain, which produces shows, sells tickets and runs theaters. The iconic theater was not an acquisition target on its own but is part of another theater group, ACE Theatrical Group, that Ambassador is acquiring, The Wall Street Journal reported Tuesday. Terms of the deal were not disclosed.

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Flatbush’s Kings Theatre is set to re-open for the first time in 40 years with a free debut performance on January 27 by local dancers and musicians, including the Brooklyn Youth Chorus and the Brooklyn Ballet. The beautifully restored venue at 1027 Flatbush Avenue has also announced its lineup of 2015 concerts, which kicks off with Diana Ross and includes Crosby, Stills & Nash, Franki Valli and the Four Seasons, Sarah McLachlan and Gladys Knight. Diana Ross will headline the grand opening concert on February 3, and there will be a free open house tour of the theater on February 7, according to KensingtonBK.

Tickets for the free show on January 27 will be available on the Kings Theatre website starting January 20. Check out the full schedule here. We’re looking forward to seeing the interiors, which just underwent a $94,000,000 renovation led by developer ACE Theatrical Group and Martinez & Johnson Architecture.

Built in 1929, Kings was one of the five Loew’s “wonder theaters” constructed throughout New York and New Jersey. It shuttered in 1977 and remained abandoned until 2012, when the city selected ACE to revive it.

Photo by Matt Lambros

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After forty years of abandonment, the Loew’s Kings Theatre in Flatbush will re-open in January 2015 with newly restored interiors and 3,000 seats, according to a press release spotted by Gothamist. The theater will host more than 200 performances a year across a variety of genres, including comedy, theater, dance, and popular music. Designed by Rapp and Rapp, the theater opened in 1929 and featured high curved ceilings, ornate plater walls, gold-leaf ornament and crystal chandeliers, all of which have been restored or faithfully recreated.

Martinez+Johnson Architecture, who have restored historic theaters across the country, are leading the two-year-long restoration project. The theater closed its doors in 1977, was acquired by the city in 1983, and sat collecting dust at 1027 Flatbush Avenue until restoration work began last year. GMAP

Loew’s Kings Theatre In Brooklyn Will Reopen Next Year [Gothamist]

Photo by Matt Lambros of After the Final Curtain via Facebook