A report into Hamilton's Founders Theatre has confirmed the facility is an earthquake risk and will have to be strengthened if it is to reopen.
Redeveloping the Founders Theatre is estimated to cost $20 million. Photo: Supplied: Hamilton City Council
The 54-year-old theatre was abruptly closed at the beginning of March due to health and safety concerns.
A detailed seismic assessment has found the most critical areas of weakness are the roof over the auditorium and the stage house.
Redeveloping the theatre is estimated to cost about $20 million.
A new one would cost $50 million.