West Palm Beach landmark the Carefree Theatre will soon see a dramatic reinvention under new ownership. The theater, which used to show art films and host touring performers, will be sold to movie producer and real estate developer Charles Cohen.
Cohen plans to tear down the old damaged building that currently sits on the site and replace it with a complex that includes residential units, commercial space, and a theater. The theater will screen classic films and also exhibit art shows.
A revitalized Carefree Theatre would go a long way towards establishing West Palm Beach as a cultural center and helping the city move forward with its plan to make the South Dixie Highway corridor an arts district.
Redeveloping the Carefree has been a goal for are business leaders since the death of its previous owner in 2008 . Several potential buyers looked at the historic structure in the intervening years, but no deals were finalized until now. The revamp of the Carefree will complement several other renovations in the area, including the $60 million expansion of the Norton Museum of Art.
Read the full article here: Carefree Theatre to See Rebirth with Sale to Film Producer