The Durham Performing Arts Center opened November 30, 2008 as the largest performing arts center in the Carolinas at a cost of $48 million. DPAC hosts over 200 performances a year including touring Broadway productions, high-profile concert and comedy events, family shows and the American Dance Festival. Operated under the direction of Nederlander and Professional Facilities Managaement (PFM), DPAC has twice been listed as the #1 performing arts organization in the Triangle region by the Triangle Business Journal.