Hospitality

Arts Council announces $500,000 capital investment in Cape Fear Regional Theatre to drive tourism and visitation

By Staff Report, posted 2 weeks ago
Architect rendering of upgraded CFRT facility at 1209 Hay Street/Image Credit: Cape Fear Regional Theatre

The Board of Trustees of the Arts Council of Fayetteville/Cumberland County has approved a $500,000 multi-year capital investment in Cape Fear Regional Theatre (CFRT), reinforcing its commitment to arts-driven tourism, economic impact and increased visitation across Cumberland County.

The five-year investment will support CFRT’s ongoing Act 2 Capital Campaign, funding critical facility improvements, expansion and enhancements designed to elevate the visitor experience and strengthen Fayetteville’s position as a regional cultural destination.

This strategic investment aligns with the Arts Council’s broader focus on leveraging the arts as a driver of tourism and economic activity. According to the Arts & Economic Prosperity 6 study, nonprofit arts and culture audiences generate significant additional spending in local communities, underscoring the role of cultural assets like CFRT in attracting visitors from outside Cumberland County.

“Cape Fear Regional Theatre is one of the region’s premier cultural anchors, and this investment is about more than a building—it’s about creating a destination,” said President and CEO of the Arts Council Robert C. Pinson in a press release. “By enhancing the theatre’s facilities and capacity, we are strengthening Fayetteville’s ability to attract visitors, support local businesses and position the arts as a central component of our tourism strategy.”

The capital support will fund improvements directly tied to audience growth and experience, including renovations and infrastructure enhancements that allow CFRT to expand programming, increase attendance and host larger-scale productions. 

The Arts Council Board’s decision reflects the organization’s long-term strategy to align major funding decisions with community impact.

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

Envisioning a better downtown: Cool Spring Downtown District's Amplified District Reenvision Awards honor downtown visionaries

Graphic courtesy of CSDDThe Cool Spring Downtown District is recognizing members of the downtown Fayetteville community with their Inaugural Amplified District Awards. While an award ceremony and town hall was intended for June 4, the Cool Spring Dow


ERA Strother bets on downtown Fayetteville with Hay Street move

ERA Strother Real Estate recently relocated its long-time office headquarters to 229A Hay St., trading its Ray Avenue site for a street-level presence on Hay Street.


Beyond the balance sheet: Looking beyond traditional banking to examine the bigger picture of growth opportunity and long-term success

The Greater Fayetteville Business Journal is excited to announce our second Power Breakfast for 2026: Beyond the Balance Sheet, a banking-focused event exploring the relationship between bankers and businesses. This event will have a regional fo