Theatre Royal Drury Lane: Restored, Revived, Reinvented Nestled in the heart of Covent Garden, Theatre Royal Drury Lane is operated by LW Theatres and owned by theatrical visionary Andrew Lloyd Webber In 2019, LW Theatres embarked on £60 million project to restore the historic Grade 1 listed Theatre Royal Drury Lane to its former 1812 glory. Now open all day to the public, the newly restored Theatre Royal Drury Lane, affectionately known as The Lane, is reimagined as a new destination for entertainment, food, bars, art and culture, so the iconic interiors can be enjoyed by everyone not just theatregoers. Discover more about Theatre Royal Drury Lane. The Lane celebrates the rich colour & character of the building's past, which can be appreciated by all from atop the Wyatt staircase, in the opulent Grand Saloon, the society-inspired cocktail bar or on a guided tour discussing art and theatre history.