RICHMOND, VA (WWBT) -
The only professional performing arts theatre in Petersburg, Sycamore Rouge, was facing foreclosure back in June.
Theatre board members had launched a campaign to raise $150,000 to pay off the mortgage.
We've learned Sycamore Rouge has now raised enough money to stay in business, but will continue operations in a different location.
We're told they hope to be in the new building by October, and be ready for their first production in December.
Copyright 2012 WWBT NBC12. All rights reserved.
WWBT-TV NBC 12
