Wagner had long desired to have a special festival opera house, designed by himself, for the performance of the "Ring". In 1871, he decided on a location in the Bavarian town of Bayreuth. In 1872, he moved to Bayreuth, and the foundation stone was laid. Wagner would spend the next two years attempting to raise capital for the construction, with scant success; King Ludwig finally rescued the project in 1874 by donating the needed funds. The Bayreuth Festspielhaus opened in 1876 with the first complete performance of the "Ring", which took place from 13 to 17 August.