In December of 2005, a large consortium of Wheeling non-profits and municipal organizations began meeting to consider undertaking the ownership and operation of the Capitol Theatre. This group recognized that the Capitol Theatre must once again be an important cultural venue and economic engine for the growth of our community. Since that time the financial and personnel resources of these organizations have been put to use in understanding the architectural and economic feasibility of re-opening the theatre under a local management entity.
On April 3rd 2009 the Wheeling Convention and Visitors Bureau purchased the theater. Phase I renovations will commence in May 2009 with September 2009 tentatively scheduled for re-opening of the theater for performances. Additional phased restoration will continue over the coming months and years, as funds are made available for the project.
The revitalization of the Capitol Theatre is a community-wide effort. The Wheeling Convention and Visitors Bureau will own the theatre. The Wheeling National Heritage Area Corporation will oversee Phase I restoration. The Wheeling Auditorium Board, which oversees Wesbanco Arena and Heritage Port, will operate and program the revitalized Capitol Theatre, providing high-caliber entertainment for local and regional audiences.