Here are some of the details:
The rest of the story is at the Downtown News website. Historic Downtown will soon have first run films for the first time in decades. They will also bring in a nighttime audience that can also attend the more varied programming t the existing historic theaters will eventually have now that they are no longer suitable as first run movie houses. It will also still leave a niche for the Downtown Independent while also attracting large film going audiences to the overall neighborhood.Farkhondehpour said he expects a lease to be signed this month. A 30,000-square-foot single-story building would go up on a parking lot that sits atop a hill that rises from the commercial plaza of the 96-unit apartment complex. The site currently houses a 300-space parking lot.Plans call for the theater to be built into the hill with a rooftop garden. Some parking on the lot would remain.If all goes according to plan, Farkhondehpour expects the theater to open in about 18 months.The Alamo Drafthouse is an Austin, Texas small theater chain that holds special events like themed movie nights, which can include things like a night of slasher movies or independent films.Filmmakers are also often invited to talk about their movies before a screening and the theater lets people order food and beer from their seats.
Even more importantly in the long run, this could help fill all the vacant spaces along Los Angeles Street with night time retail and dining that will start to connect Little Tokyo with Historic Downtown Los Angeles and begin to help the declining Toy District (with its just opened Lexington Comedy & Music Club on 3rd between Main and Los Angeles) develop a new identity.