An independent theater company that had once planned to move to ground zero will get a new home designed by famed architect Frank Gehry in New York City's theater district.
Mayor Michael Bloomberg said Tuesday that the city would contribute $25 million toward the $60 million Signature Theatre.
The theater is known for devoting an entire season to the work of a single playwright. It was one of four groups that were to have anchored a performance space at the World Trade Center site.
The theater will be housed in an apartment and hotel complex on 42nd Street. The complex will include three theaters, rehearsal studios, a cafe and a bookstore. The theater is slated to open in 2012.
Gehry's work includes the Guggenheim Museum in Bilbao, Spain, and the Walt Disney Concert Hall in Los Angeles.
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