Huntridge Revival Partners Exceed Fundraising Goal
Las Vegas CBS KXNT – The campaign to save the Huntridge Theater in downtown Las Vegas has marked its first financial milestone. Huntridge Revival partner Joey Vanas told KXNT a 45-day online “crowd-funding” drive exceeded its goal of $150,000.
The company’s vision is a cultural center that serves as a community meeting place and a venue for concerts and the arts. The online donation drive was calculated to tap the hopes of downtown revivalists and the nostalgia of Las Vegas residents who grew up attending concerts at the Huntridge.
A last-minute benefit concert by local rock band The Killers helped put the effort over the top. When the drive closed donations totaled $207,000, prompting an unexpected boost by contractors who were impressed by the momentum, and stepped eforward and donate various construction services.
“We already took half a million off the cost (of renovation) before we even get started,” Vanos said. He estimates the project will cost between $6 and 10 million, in addition to the purchase price of the building.
The Huntridge Revival partners have a contract to buy the building for $4 million, Vanas told KXNT. They’ve been heartened as inspections have revealed it’s in better shape structurally than anyone thought.