PRESS RELEASE: State of New Jersey to Contribute $43.3M to Transform Westfield’s Rialto Center for Creativity
State CAFE program approves $43,381,250 for the Rialto, launching a $10 million campaign to fund final construction and early operations.
The Next Chapter Starts Now
WESTFIELD, NJ — JULY 2026 — The New Jersey Economic Development Authority has approved a $43,381,250 tax credit award through its Cultural Arts Facilities Expansion (CAFE) Program to transform the historic Rialto theater site, launching the next phase of work to bring a vibrant cultural hub to downtown Westfield.
The CAFE Program is a statewide initiative supporting major arts and cultural capital projects to strengthen local economies and expand access to high-quality cultural experiences.
The state’s $43,381,250 CAFE award kicks off the Rialto raising an additional $10 million through donations from local and institutional sources, including individuals, families, foundations, and business partners.
This new $10 million goal builds on an initial $5 million leadership gift and other early contributions that positioned the project for this significant state investment. Construction is expected to begin in 2027, and the new Rialto Center for Creativity plans to open in 2029.
“The Rialto’s return marks a new chapter for Westfield. Thanks to the NJEDA’s generous commitment to the arts, we’re rebuilding more than a theater; we’re creating a home where creativity thrives and people come together. Now we invite both individuals and institutions to help us cross the finish line, and are so thankful for and appreciative of the donors who are helping us meet our vision.”
— Bill Crandall, President, Rialto Board of Trustees
Inside the Future Rialto
Contributions to the Rialto Reimagined campaign will help completely transform the historic space into a center for creativity. When the building opens, the new Rialto will feature:
A dynamic and flexible performance and event space accommodating up to 450 people for live performances, films, lectures, and special events
Gallery spaces that highlight emerging and established artists
Studios and classrooms designed for workshops, rehearsals, classes, and rentals
A catering kitchen for community and private gatherings and celebrations
The reimagined Rialto will strengthen downtown Westfield’s role as a creative and economic hub, in keeping with the CAFE Program’s mission of expanding access to the arts and fostering growth through culture.
Help Open the Doors Together
As the Rialto Center for Creativity moves toward construction, the organization is launching a $10 million campaign to engage individuals, foundations, corporations, and community partners in bringing this vision to life.
Broad-based community support will help complete the project, prepare for opening, and ensure the Center launches with strong, sustainable programming.
Supporters can donate today and explore naming opportunities to amplify their impact.
For information on campaign gifts or naming opportunities, contact campaign@rialtowestfield.org.
With the combined support of individual donors and institutional partners, the Rialto will complete fundraising and transform this local landmark into a place for performance, learning, and connection.