The Park Theatre first opened in Jaffrey in 1922 and was the center of community life as a movie and vaudeville house for 54 years until it closed in 1976. Purchased by The Park Theatre, Inc. in 2006, it will be rebuilt as a state-of-the-art film and performing arts center, featuring two auditoriums seating 485, presenting movies, live theatre, including childrens productions, concerts, and lectures as well as offering a place for business and community gatherings for the Monadnock Region and its 100,000 residents, school districts and dynamic artistic community. The new Park Theatre is scheduled for construction to begin in 2018.
The Park Theatre currently operates the River Street Theatre (RST), a small live entertainment and cinema venue, located adjacent to the construction site as an interim theatre until the new Park Theatre opens. Opened in January of 2017, the RST holds the title of smallest theatre in New England.