Theater eyed for housing, market
posted by
Michael Zoldessy
on
October 13, 2006 at 7:41 am
SAN FRANCISCO, CA — With the neighborhood clamoring for a supermarket, the shuttered Galaxy Theatre might soon be the location.
Developer working with S.F. to tear down old Galaxy in Van Ness corridor for project.
The movie house, once a popular place to watch the latest offerings from Hollywood, turned its attention to foreign and independent films in a last-ditch effort to keep its doors open. Losing money, the theater closed its doors in December 2005 and is now being eyed by developers to undergo a transformation into a new mixed-use building with a grocery store as its centerpiece.
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Comments (2)
This 4 screen theatre had 2 large screens and 2 screening rooms. The 2 large screen theatres had great sound and projection (showed 70mm prints occasionally).
Yeah but you know how much the Lease Payment was on this 4 screen?
%50,000 a month!