The BlueShore Financial Centre for the Performing Arts officially opened in October 1997 as the Capilano College Performing Arts Theatre. In support of the institution's performing arts programs, the 372-seat theatre was built as a much-needed performance space designed to nurture and showcase the university's emerging artists. 

The theatre has evolved to encompass a broad range of arts programming including the founding and production of several distinct series including the CapU Jazz Series, CapU Global Roots Series, CapU Classical/Choral Series, CapU Theatre Series, CapU Speaker Series and North Shore Jazz Series. 

In June 2011, The Capilano Performing Arts Theatre became the North Shore Credit Union Centre for the Performing Arts. The name changed in September 2013 to BlueShore Financial Centre for the Performing Arts (The BlueShore at CapU).

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