Foundation for the Carolinas

9:53 am
Wed December 5, 2012

Carolina Theatre's Fate Still Up In The Air

The full City Council will vote to decide who will renovate the Carolina Theatre on December 17th.
Credit danmachold/Flickr

The non-profit Foundation for the Carolinas won the first round of the bid for the Carolina Theatre this week—for $1. A city council committee chose that bid from the Foundation instead of a half million dollar offer from the company that developed the NC Music Factory. But, it's far from a done deal.

The Carolina Theatre sits on Sixth and Tryon, and once upon a time, it hosted megastars like Elvis, Bob Hope, and Frank Sinatra. For the past thirty years it’s lain unused and neglected. But now the theater, and its first-class location, has three serious suitors.

Read more
Local News
10:11 am
Tue December 4, 2012

Council Committee Chooses $1 Over $500,000 For Carolina Theatre

Carolina Theater (1927), 226 North Tryon Street, Charlotte, North Carolina

The Carolina Theatre in uptown Charlotte has sat vacant for more than 30 years.

But in its heyday, stars like Elvis Presley and Frank Sinatra played there. 

City council members are considering plans to renew the theater to its old glory.  They got a step closer yesterday to choosing one. The Council’s Economic Development Committee voted 3-2 to support selling the property for $1 to the Foundation for the Carolinas. 

Read more