Edmonton fundraiser aims to restore Princess Theatre

David Stupnikoff has started a GoFundMe campaign to raise $9.2 million to buy and restore the Princess Theatre in Edmonton, which has been closed for over three years. He aims to transform it into a live performance venue while still screening films. The theatre, built in 1914, has faced financial challenges, especially after the COVID-19 pandemic. Previous attempts to keep it operational failed, leading to its sale in 2022. Stupnikoff believes his vision aligns with the current owner's desire to maintain its arts focus. Stupnikoff plans an eight-month fundraising effort and encourages community support. If the goal is not met, he will donate the funds to the Stollery Children’s Hospital.