Magnus inaugurated its 2001-2002 30th Anniversary Season in a newly built theatre attached to the historic Central School House, which houses Magnus' administrative offices, in Waverley Park heritage district. Central School was the first school in the City of Port Arthur. In 1884, of Waverley Park land were granted by the Crown to the Public School Trustees and the original structure was built. The renovation of the school also included the preservation and enhancement of the Waverley Park Heritage Conservation District and Magnus Theatre was renamed in honor of one of their generous patrons, Dr. S. Penny Petrone Centre for the Performing Arts.
