5240 Lankershim Blvd. North Hollywood (Los Angeles), CA 91601 | map |
The news: The theatre is open. Go to a movie! Although Laemmle sold it and did a lease-back deal during the pandemic, the new owners haven't pursued any plans for erecting a new building on the property.
Opened: December 21, 2011. It's located on the east side of the street a block north of Magnolia Blvd. Photo: Bill Counter - November 2022
Website: www.laemmle.com
Seating: 1,100 in 7 auditoria.
In May 2021 Laemmle sold the property to North Carolina-based developer Grubb Properties for $9.5 million. They did a lease-back deal to allow the theatre to continue to operate. Greg Laemmle noted: "We're going to operate as long as we can. We don't think it’s in anyone's best interest to have just a vacant property, but that’s going to be their decision."
Eventually the developer plans to demolish the existing 33,000 sf. two-story building and replace it with a seven-story 128 unit apartment complex on the site that'll also have 5,000 s.f. of commercial space. The plans for the site were announced in "Show's over? Laemmle NoHo 7 theater to become multifamily," a September 13, 2022 article by Trevor Bach and Christian Bautista for the real estate blog The Real Deal. Thanks to Donavan S. Moye for spotting the story.
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