Plans to purchase and restore the Park Theater fall through
MENLO PARK, CA — After a year of negotiations, the Menlo Park City Council subcommittee has rejected an unpopular plan to buy and renovate the Park Theater with city money, a move that sends a would-be restorer back to the drawing board and leaves the fate of the 60-year-old landmark in question.
The Guild is the only remaining operating theater on the historic 47 mile section of El Camino Real Drive between San Francisco and San Jose. At one time there were twenty plus theaters along the scenic drive either on El Camino or within a block or two of the drive. The other theaters have either been converted to other uses or demolished.
The owner originally sought to replace the theater with office and retail space. He may return to this plan if a buyer cannot be found to pay the $1.4 million purchase price of the theater.
An article on Menlo Park City Council’s vote to not purchase the threatened theater with city funds can be found in the Palo Alto Daily News.