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Roxy Theatre


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#161 Mike K.

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Posted 18 November 2021 - 08:10 AM

That’s the value of the land, for sure. In fact, an institutional buyer might even want removal of the building as part of the purchase. That can be quite costly and I wouldn’t be surprised if it landed somewhere in the realm of $150,000 once all is said and done.

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#162 Victoria Watcher

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Posted 18 November 2021 - 08:12 AM

It is being marketed with another package, I assume the old ABC Electric building.


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#163 Mike K.

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Posted 18 November 2021 - 08:16 AM

Oh yeah, interesting.

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#164 Victoria Watcher

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Posted 05 December 2023 - 05:16 AM

Blue Bridge Theatre vacating The Roxy, liquidating assets

Blue Bridge Repertory Theatre will cease operations at The Roxy Theatre by Dec. 31, according to an e-mail obtained by the Times Colonist.

https://www.timescol...-assets-7924171


After purchasing The Roxy Theatre for $965,000 in 2013, Blue Bridge moved its performances from the McPherson Playhouse to the building located at 2657 Quadra St. Blue Bridge sold The Roxy in 2022 and entered into a three-year renewable lease with purchaser Strandlund Investments Ltd. Blue Bridge had been carrying a debt of approximately $1 million at the time the building was sold.

Fundraising events, featuring the sale of costumes, props, furniture, lighting and sound equipment, will be held in the coming weeks to help satisfy outstanding debts.

The company has said it will continue.

Blue Bridge is “actively looking for another venue for our 2024 season,” Johnson wrote. “We will be back in touch in early January when we know where we stand financially.”

Edited by Victoria Watcher, 05 December 2023 - 05:18 AM.


 



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