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Palace Theater - Transformation in Cornelius NC

By
Real Estate Broker/Owner with Lake And Town Realty 209235

Cultural Arts Mask A California developer plans to spend about $2 million to renovate a theater building that has been vacant for 5 years. They can begin converting the long-vacant Palace Theater on Copely Drive into an arts center.

The center would feature a 400 seat entertainment venue, church, and other community gatherings and posibly a dance studio, music school and New York Theatrical production company.

The Cornelius Board of Commissions unanimously approved a rezoning last week to allow developer Shaoul Levy of Santa Monica, California to proceed with the $2 million in renovations to the complex.

The theater is on about four acres in Kenton Place, mixed-used development in the norhteast corner of NC 73 and West Catawba Avenue, beside Birkdale Village.

A centerpiece of the project would be the entertainment venue formed out of two of the Palace's 12 cinemas. The entertainment area would be open to the community for school performances, church services and other events. The building also could host wedding receptions. The developer also still intends to include space for a restaurant with a bar.

The buildings exterior would be repainted from pink to more neutral tones. The front of the building would have a covered walkway with decorative plants on top. Town officials are very excited to finally see this building being used.

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Anonymous
Amy Gabler

I live in Birkdale Village and for 5 plus years, my view in my back yard has been a vaccant building that looks outdated. I am so pleased to learn of its upscale transformation! I had heard that all sides of the building will have storefronts and have a finished look. For my personal sake and view point - I hope this is the case! I also heard there was going to be an outdoor sitting area near the front of the building? Does anyone know? Please keep me posted on any updates of this new facility! Thanks!!!

Dec 10, 2009 11:26 AM
#1