Jay Baker, the former president of retail company Kohl’s, and his wife, Patty, pledged $10 million to help pay for a new theater complex in Naples, Fla. The Bakers stipulated that Gulfshore officials must raise an additional $10 million from other donors to receive the entire pledged amount.
The new theater is scheduled to open in 2019.
The couple have backed Broadway musicals such as the Tony-winning “Memphis” and are long-time arts donors.
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