The Forrest Theatre is a live theatre venue at 1114 Walnut Street Center City area of Philadelphia, Pennsylvania. It has a seating capacity of 1,851 and is managed by The Shubert Organization.The theatre was built in 1927 at the cost of $2 million, and was designed by architect Herbert J. Krapp; it was named after the 19th century actor Edwin Forrest, who was born in Philadelphia, and owned and lived in the Edwin Forrest House. The opening performance was The Red Robe in 1928.