Balboa Theater project faces new setback
June Casagrande
NEWPORT BEACH -- A city plan to buy the Orange Julius building for the
Balboa Theater has been stopped in its tracks by the news that the
building has been taken off the market.
City and theater officials still hope there’s a way that they can
lease a portion of the building to house the proposed theater’s dressing
rooms, restroom and offices. But the possibility of leasing the space
from the current owner is shaky at best and depends largely on costs.
“It’s not the right time to talk about the negotiations right now,”
said Dayna Pettit, president of the Balboa Theater’s Performing Arts
Foundation.
Theater supporters were thrilled in April when council members voted
to put up $1.4 million to buy the building next door to the closed Balboa
Theater. It was a worthwhile investment, they agreed, because the added
space for the dressing rooms and restrooms would allow the renovated
theater to become the world-class venue the city and residents have long
envisioned.
The plan to buy the building at 111 Main St., called by many the
Orange Julius building, was a solution to an earlier plan to build a
dressing room and restrooms underground.
Original estimates to build the basement were $300,000.
But those costs skyrocketed when planners realized that, because it would
be below the water table, physical reinforcements would be needed. The
revised cost was $1.8 million.
The historic vaudeville house, which was last used as a movie theater,
has been empty since 1992.
Efforts to reopen the venue as a 350-seat proscenium house, similar to
South Coast Repertory in Costa Mesa, have been plagued with problems,
most of them financial.
The city bought the theater building in 1999 for $480,000.
* June Casagrande covers Newport Beach. She may be reached at (949)
574-4232 or by e-mail at o7 [email protected] .
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