Ambassador Gets New Owner, Fate Remains Uncertain
The new owner, McDermott Developments, a local real estate development company, had originally planned to demolish the theater and replace it with 31 apartments. However, these plans do not appear to be finalized.
As Andrew Darbyshire, a McDermott developer, put it: “We bought it with the benefit of planning permission. But I do not want to say anything yet regarding our intentions. We don’t know what to do yet.”