Union South Partners said it will preserve the historic façade of Sun-Ray Cinema but if you’re hoping to catch another show, there’s not much time.
– Roundabouts, popular restaurants and bars, and Sun-Ray Cinema anchor the Five Points neighborhood in Riverside today.Tenants with retail and office spaces in the building will ride out their leases, but the lease for the two-screen movie theater that’s called the building home since 2011 has expired and will not be renewed.
The developers bought the space for $7 million earlier this month. Union South Partners said it will preserve the historic façade of Sun-Ray Cinema but if you’re hoping to catch another show, there’s not much time. The theatre’s last showing will be on July 6. Jay Weaver, a co-founder of the Georgia-based Union South Partners, said the plan is for the space to remain entertainment-focused.
Weaver said the group has already started mapping out the construction and renovation process for the building that will start in the next 30 days. The renovation will cost at least $2 million,“That marquee sign will remain, the facade will remain, the storefront. I think, you know, for most part people won’t really recognize any huge changes. I think it’ll be more in the interior, but those will all be appreciated upgrades for the tenants that will be occupying the space,” Weaver said..
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