JACKSONVILLE, Fla. — In a now-viral post on Facebook Tuesday, the owners ofannounced the possible sale of the building that houses the historic Five Points theatre, prompting an outpour of calls to save it.
Rumors surrounding the theatre's sale spread on social media, including claims from a grassroots campaign saying the building would be torn down and turned into a parking garage.Jack Shad, current owner of the 5 Points Theatre BuildingCity of Jacksonville's Land Development Review WebsiteAccording to the current owner of the building, Jack Shad, he is selling it.after almost 20 years of ownership, it's time to sell the building to a new owner.
Shad did not provide a timeline for when the sale will go through, but added he is"excited to see what the future brings."Rumors circulating online claimed that if the 5 Points Theatre Building is sold, the Sun-Ray Cinema would be demolished and replaced with a parking garage.that he requested to declare the 5 Points Theatre Building, which Sun-Ray Cinema is located inside, as a local landmark in 2004, protecting it from demolition.
“I just hope that, if we do see this sale go through, that the new owners see what it could be because the neighborhood knows what it could be. It could be an incredible asset, just like it has been now.”In Sun-Ray Cinema's post on Facebook, it states that it has not been offered a chance to continue its lease if the 5 Points Theatre Building is sold.
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