The City of Myrtle Beach, Coastal Carolina University, LS3P, and Monteith Construction will hold a Groundbreaking Ceremony to begin construction of the Performing Arts Theatre.

The event is set for 10:00 a.m., Monday, July 22, in a portion of the Arts and Innovation District, 811 Main Street.

When built, the 300-seat venue will occupy three historic including buildings on Main Street, the former Broadway Movie Theater. Construction costs are estimated at .3 million, with the theatre expected to open in the summer of 2026. The city expects to receive at least $4.9 million in historical tax credits.  Under the lease agreement, CCU will use the theatre for its drama and performing arts programs and will be responsible for operating costs. In return, CCU will have a minimum of 150 “use days” for plays and other performances. CCU also will book 100 days of third-party use, and the city itself will have 30 “use days.”

The groundbreaking ceremony comes after massive plans continue in overhauling the downtown of Myrtle Beach.

The city has spent over $100 million in land acquisitions.

The city, as well as, the Myrtle Beach Area Chamber of Commerce is close to a huge announcement on a new Chamber CEO soon.