It will be called the Ronald O. Perelman Performing Arts Center. The design is being unveiled Thursday. The billionaire businessman donated $75 million for the project in June.

The Durham Performing Arts Center (DPAC) is a 103,000 gsf, 2,800-seat Broadway-style theater, co-developed and designed by Philip Szostak, FAIA, principal and founder of Szostak Design Inc. DPAC ...