The Dalles buys historic theater

| Print |  Email
Articles - September 2010
Friday, August 20, 2010
0910_ATS14
The Granada has been for sale several times over the years.  It's in the National Historic District in the downtown core.

The ultimate resurrection of the historic Granada Theater, built in 1929 as the first place to see a talkie west of the Mississippi, has been wobbly for many years.

Three years ago, it looked like it had just the right developer in True North Productions, a Columbia Gorge tour firm. True North had planned to put up to $2 million into the theater and tie the venue in with its tour groups. But the company, which leased the property from Boring businessman Elden Snoozy, closed shop last winter after operator Cecil F. Smith said he couldn’t make the lease payments. The state Department of Consumer and Business Services, Division of Finance and Corporate Securities, says it has two open and ongoing investigations of Smith.

So after years of trying to find the right buyer for the theater, the city has bought the theater for $387,000 in a negotiated deal with a developer. Snoozy had owned the property for 10 years.

The city won’t disclose the developer or the plans because it’s not final, but city manager Nolan Young says the intent is to get the theater into the hands of individuals who can carry out a development. “We would like the theater to continue to operate as a theater,” he says. “Beyond that, we are open to anything that will increase overall commerce and traffic downtown.”

The Granada is considered a key building in the redevelopment of The Dalles historic downtown. The theater, at Federal and Second streets, is part of a downtown block that has a higher-than-average vacancy rate and badly deteriorating structures. Young says the city is negotiating for other properties in that block as part of a larger effort to revitalize the downtown.

“This block is significant because it is located in the center of downtown commercial activity and adjacent to the Washington Street underpass and within walking distance of the future marine terminal and festival area,” Young says. He says they hope to complete negotiations in the next month.

ROBIN DOUSSARD
 

More Articles

The best crisis is the one you avoid

Contributed Blogs
Wednesday, April 15, 2015
crisisthumbBY GARY CONKLING | GUEST BLOGGER

Avoiding a crisis is a great way to burnish your reputation, increase brand loyalty and become a market leader.


Read more...

European Vacation

Guest Blog
Thursday, April 23, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

There are winners and losers with a strengthening U.S. dollar.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

Car Talk

April 2015
Thursday, March 26, 2015
BY LINDA BAKER

Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.


Read more...

Get on the bus!

April 2015
Thursday, March 19, 2015
BY APRIL STREETER

How the private sector can ride the next transit revolution.


Read more...

5 ways successful people kickstart the day

The Latest
Thursday, April 02, 2015
coffeethumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Are mornings the most productive part of the day?  We ask five successful executives how they get off to a good start.


Read more...

5 questions for inDinero CEO Jessica Mah

The Latest
Tuesday, March 31, 2015
jessicathumbBY JACOB PALMER | DIGITAL NEWS EDITOR

inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS