Fairfax Theater closes indefinitely
The venerable Fairfax Theater, which opened its doors in 1930, will close indefinitely after suffering major damage during the recent rainstorms.
Regency Theaters, which operates the theater, said Wednesday that it has asked the property owner to terminate its lease.
The rain damage was so extensive that it would not be economically feasible to reopen the landmark theater at Beverly Boulevard and Fairfax Avenue, Regency said in a statement.
In recent years, the theater has battled against competition from neighboring theaters and problems with area parking.
The property owner, Alex Gorby, has proposed a mixed-use retail and residential project for the site. The project would preserve the theater's historic Art Deco facade, according to the statement.
--Robert J. Lopez
Photo: Gerard Molina / L.A. Times