Remember the sign on the outside of the theater not long ago about the Suburban World Theater being closed for renovations? Well, sources indicate that the renovation was required by the City, such as roof repairs. The property is now owned by the bank, presumably because the previous owner couldn’t make the required payments on the mortgage.
Now the Jesse Olson Group of Coldwell Banker Burnet has it listed for sale at $899,000. The listing says: “A truly unique venue. Built in classic Granada Style, with Spanish facades and original stars still illuminate from the ceiling. NOW BANK OWNED. Many Updates, including roof, electrical, plumbing and more.”
The building, located at 3022 Hennepin Avenue, has changed hands numerous times over the last 15 years or so. I remember when it was a Mann Theater, and yes, even saw Titanic there. After Mann closed, it has been a Cinema Grille and a random event house that the most recent owner operated. The interior is on the historic registry due to its Mediterranean-inspired walls and star-studded ceiling. The lighting inside is terrible for anything other than movie-watching but with the right operator, the space could be fantatic.
My dream would be for it to become an event center and concert hall like the Varsity Theater has become. Uptown could use more live music and performance, and the Suburban World Theater presents that opportunity.