The Balboa Performing Arts Theater Foundation will put on the second annual 5K Run/Walk for the Arts on Sunday.
The event, which takes place on Balboa Peninsula on a flat course, will benefit the foundation, which is raising money for the renovation of the Balboa Theatre.
The foundation has raised about $2 million and needs to raise another $2 million to open the theater, said Dayna Pettit, the foundation's president.
Pettit, who said she will be running in the race, added that construction could start within a month if the foundation receives the necessary permits from the city. With construction time estimated at eight to 10 months, the theater could open next fall.