RED BANK, N.J. - Bruce Springsteen plans to raise some money for the restoration of the Count Basie Theatre in Red Bank.

Springsteen, who grew up in nearby Freehold, is scheduled to hold a benefit on May 7 at the theatre, which was built in 1926 to showcase movies and vaudeville.

Restoration and renovation work is expected to start this summer.

The theatre was renamed after native son and jazz great William (Count) Basie in 1984.