Nashua Community Arts, which is the nonprofit fundraising arm for the Nashua Performing Arts Center (NPAC), received a gift of $100,000 from Enterprise Bank in Nashua.
The Nashua Performing Arts Center will be a flexible venue with retractable seats that will accommodate diverse theatrical and musical performances, corporate and non-profit events, and family celebrations. It will seat up to 750, hold up to 1,000 standing, and offer banquet seating for 270.
NPAC will be operated by Spectacle Management of Lexington, Mass., an operator of seven other venues. NPAC estimates the center will host events 130 to 200 days per year and attract 70,000 people annually to Nashua’s downtown by year three of operations.
“Enterprise Bank understands that the Performing Arts Center is an entrepreneurial approach to creating a vital downtown in our City,” said Rich Lannan, chair of Nashua Community Arts. “We are grateful for their investment.”
“As a community bank we believe in local enterprise and investing in the communities we serve. We are very excited about the Nashua Performing Arts Center and the impact it will have on Nashua and the region,” said Jack Clancy, CEO of Enterprise Bank.