Ioka Theater
55 Water Street,
Exeter,
NH
03833
55 Water Street,
Exeter,
NH
03833
8 people
favorited this theater
Showing 1 - 25 of 40 comments
The actual closing date is Christmas Eve 2008.
Marquee update.
https://www.seacoastonline.com/story/news/local/2021/01/05/exeter-ioka-marquee-new-home/4136023001/?fbclid=IwAR2yAVABp1CJz2RRx3UPphWbqXcDjRQZHO9SCqqjh66pJ69B0mULdCLdxyA
Marquee looking for a new home…
https://www.seacoastonline.com/story/news/local/exeter-news-letter/2020/11/02/new-home-wanted-exeters-ioka-marquee/6126609002/?fbclid=IwAR2Hoa5mnlLEI-ZVnpwXh6sQ6XK0tWlF01Tw9xYHa8UjxamdrN74c6qXpcs
My impression was that the anticipated restoration cost was perhaps inflated in order to give the developer another reason not to have to compromise the views from the potentially affected units. That seems to me to be the real rub here.
They need to get a second opinion, because that does not look like a $200K+ marquee restoration task. It is basically just a light box with can lights on the underside. If it wasn’t still structurally sound, it would likely have supports beneath it. They should confirm whether the plastic panels can be replaced by LED panels. That would likely be the most expensive element. The rest is just labor to sand, repaint and update the underside fixtures.
https://www.unionleader.com/news/local/exeter-commission-vote-would-force-new-ioka-owners-to-keep-marquee/article_522a20f1-7938-5087-a283-b92abcdedd55.html?fbclid=IwAR1lTsRmPFadXaX5l6_HgkQqxsatNM0q4wCbwFyacu-WpkCS0h1Y5tGn3Ho
A report about the proposed redevelopment of the building and a dispute over whether the marquee will stay or go.
Mid `30’s photo added courtesy of Walter Bell.
2014 article below courtesy of Patricia Lane Evans. Copy and paste to view.
http://www.seacoastonline.com/article/20140819/NEWS/408190354
Here’s a link to a video from a rally to save the IOKA theater held on March 30, 2013.
http://www.youtube.com/watch?v=fjmW9rQc2b4&feature=share&list=UUgKsIcJjoR26_K6ZNcEYAHQ
I may not live in the area, but I do hope that the Ioka Theatre can be re-opened and saved as a movie theatre. I live roughly an hour or two south of Exeter, NH, and, as a moviegoer, it sounds like a great idea. I wish the townspeople the best of luck and victory in their fight to save the Ioka.
the theater will be a theater again – sign up at www.exetertheater.org for future news
The IOKA will be auctioned on Thursday!
http://www.seacoastonline.com/articles/20111129-NEWS-111290319
View link
How sad is this. What a beautiful theatre. Someone’s gotta bring this one back. If one of the most prestigious/wealthiest boarding schools in the world being in town can’t keep this one aflot. WTF..
The IOKA is in the process of being purchased. For more information go to www.savetheioka.com
The IOKA is closed. Anyone interested in theater seats, curtains, lighting, and other related equipment may contact us through the website.
The price may not be crazy for the building.Going to be run as a theater it is a crazy price.The price may be well worth itbut it is not priced so so some one can run it as a theater.If it was it would still be open.
Unfortunately the price is the reason.. logic would prevail that at sale price over 10 times the net profits, that the operation was too glamourous for its own good. The investment put in by the owner is not relevant to a purchaser, profits are…
It is sad to hear of this, I ‘ like the theatre very much.
Recent news story:
http://tinyurl.com/9fvyjl
The crazy asking price isn’t so crazy. However, it is one reason why so many older theaters close. Real estate appreciates, typically much faster than ticket prices. The IOKA is located in Exeter, NH not Bumblescum Kansas. Exeter is a beautiful, New England town, in the most populous region of the State, the IOKA is directly across the street from one of the most prestigious prep schools in the Country. It is one of the largest commercial buildings in town and is in excellent physical condition. The price is also not just for the building but at 995,000 includes everything related to the operation. This operation extends well beyond movies. Just the audio systems alone which include two professional PA’s as well as video production and lighting cost over $150,000. Not too mention two digital projection sytems, and tens of thousands of dollars of furnishings. To think of the IOKA as simply a ‘movie theater’ is to discredit what this operation has been and could be. The price also includes all furnishings, inventory, intellectual properties, trademarks, and the liquor license.
Interested in a community-owned or community-run Ioka Theater?
Suggestions for best practices? Program ideas? Volunteer or business support?
Let us know!
Check out the Ioka on www.facebook.com (groups) and www.twitter.com
The crazy asking price is why this theater never sold.It has been for sale for years ..1 million dollars……now 980,000
Wow, what a saga. I’m all for any added safety improvements. But for the city government to mandate something so costly, without a plan to help pay for it on a place that should be grandfathered in anyway, is shameful.
My guess is that the city silently was also against the concert venue idea as well. The Coronet Theatre in Evanston Illinois suffered a similar fate over that. An initial liquor license stipulated that it could only be served in the lobby, not the auditorium. Spotters were dispatched to witness any “rule breaking”.
It eventually became such a headache to continue to build a business that was ironically a potential boon to the area, that they just threw in the towel. It was torn down and became condos & retail space.
My thoughts and hopes are with the Ioka.
Hope your film turns out well. Be sure to include the former pool area.
P.S. The Chrysler pictured is a 1956.
Chrysler designer Virgil Exner’s first year with a tail fin. Which would go crazy the following year.
Roger has allowed me to shoot some film inside the theater before it closes.
I am using it for my BFA thesis film which i planned to make about the struggling independent theater. Since the news of its closing as came sooner than i thought, the film has changed into an exploration of this closing theater in its last days. (i really hope it does not close for good)
The idea of making a film as a piece of art for the ioka is my way of remembering the theater through film, for which this theater was built to show.
5thly, also running movies, doesn’t make that much money for the theater.
i wish these societal influences didn’t exist, because i wish for the theater to maintain as a movie theater, a independent movie theater, and i would love for this theater to become popular again, because i love rushing around, asking people what they want, and getting them there popcorm, etc.
i hope also that the state recognizes this theaters need, and helps pump some money into restorations, not only to meet fire code requirements which they themselves put in place, but also so that the marquee which hasn’t lit up the word ioka in sometime, may do so in the future.
There are many societal influences that are going against the ioka theater, and in return making it hard for the theater to continue.
1stly, the theater is an indepedent company, not a non profit, or a corporation, which our capitalistic society sides with.
2ndly, it is a small town entity, therefore it relies on its towns patrons for it to make money.
3rdly, the economy is just bad.
4rthly, the state and town put so many restrictions on a venue like this, which acts against it, rather than for it, and in return costing more money, than money earned.