Apartments, retail, restaurants and office space are planned around the theater. (Greenwood Development)

The Wellmont Theater, nearly a century old, is going through a major redevelopment, with upgrades designed to improve the event-day experience for both the acts and attendees, the theater's ownership group says.

The 2,500-capacity venue in downtown Montclair, N.J., is co-owned by Pinnacle Cos., Brookfield Properties and Greenwood Development, three real estate firms. Together, ...

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