When On the Eve, the new rock musical about time travelers, written by Michael Federico and Home by Hovercraft's Seth and Sean Magill, opened at the Magnolia Lounge in late 2012, it was an instant hit with critics and theatergoers. The performances were stellar but just as impressive were things director and designer Jeffrey Schmidt did to make a no-budget production look and feel like a million bucks. Long interested in sustainable design for the stage, Schmidt recycled bits and bobs of other shows' scenery, plus kids' drawings, stuff pulled from Dumpsters and, in a final swoosh of theatrical drama, a swath of parachute silk that flew over the audience like a rippling piece of blue sky. Schmidt, a longtime director and designer at Theatre Three (he directed and designed the spiffy dark comedy Enron there earlier this year), gets to enlarge On the Eve when that theater restages it for a longer run in 2014. Watch, he'll do more with less than any show you've ever seen there.