Shakespeare Theatre Company & Lansburgh Theatre, Inc. Announce Settlement
Today, the Shakespeare Theatre Company (STC), Lansburgh Theater, Inc. (LTI), and all other parties to the litigation over the occupancy of the Lansburgh Theatre have announced that they have resolved all aspects of their dispute and that the award-winning theatre troupe will remain in the historic building in Washington, D.C.'s Penn Quarter under a new long-term lease. According to the terms of the settlement, STC will occupy the space under successive 20-year leases as long as STC meets certain conditions and is properly maintaining the premises.
STC and LTI have restructured their relationship, which was established more than 20 years ago, to emphasize their common interests, to ensure the theatre's future as a high quality venue for the performing arts and to foster STC's ability to continue to bring vibrant productions to the District of Columbia community.
The parties look forward to working together at the Lansburgh Theatre and to continuing to maintain its status as a world-class facility for innovative and classic productions for many years to come.
"This landmark resolution ensures that the Penn Quarter area stays vibrant, and that STC, will remain a contributor to that vitality," said Michael R. Klein, the Chair of the Board of Trustees of the Shakespeare Theatre Company. "The Shakespeare Theatre Company was one of the first organizations to help revitalize the neighborhood when the Lansburgh Theatre opened in 1992, and this week's agreement cements STC's rightful place as a leading cultural institution in Washington, D.C."
STC's mainstage production of Shakespeare's Measure for Measure, directed by Jonathan Munby, is playing in the Lansburgh Theatre now through October 27.