Landmark Bob Baker Marionette Theater to be redeveloped for planned mixed-use complex

Real estate investor Eli Elimelech bought the property in 2013

Los Angeles /
Dec.December 04, 2017 11:09 AM
Bob Baker Marionette Theater (Credit: Getty Images)

Real estate investor Eli Elimelech will redevelop the Bob Baker Marionette Theater and incorporate it into his mixed-use complex planned at 1345 W. First Street in City West, in the latest shakeup involving a historic LA playhouse, Downtown News reported.

The theater will shutter sometime next year, but reopen in 2020 with new facilities that include a small museum, a workshop and educational space, the theater’s office manager said. A portion of the new development will be built on the site’s parking lot.

Elimelech first purchased the site in 2013 for $1.3 million, property records show. A year later, he announced plans to build a 104-unit apartment complex without any mention of preserving the esteemed theater, sparking outrage among preservationists and Bob Baker fans.

But in the three years that passed since Elimelech’s 1st Street Properties made its vision known, the theater became a nonprofit organization and a series of negotiations with the city’s Cultural Heritage Commission changed the course of the proposed plan. No construction has begun, and the theater plans to host traveling puppet shows around Southern California while the mid-rise complex is being constructed.

The theater opened in 1963 and was designated a historic-cultural monument in 2009.

Details about Elimelech’s firm, 1st Street Properties, are scarce. The Calabasas-based firm tapped Architag, led by Stephen Albert, for the project, according to a letter filed to City Council on September 2016. [DTN] Natalie Hoberman


Related Articles

arrow_forward_ios
USPS nears lease for 100K sf distribution center in City of Industry
USPS nears lease for 100K sf distribution center in City of Industry
USPS nears lease for 100K sf distribution center in City of Industry
Renderings of the project and Brookfield Properties Managing Partner and CEO Brian Kingston (Brookfield, Los Angeles Department of Building & Planning)
Brookfield plans 350-unit apartment complex at Northridge shopping center
Brookfield plans 350-unit apartment complex at Northridge shopping center
Renderings of The Star
The Star, a $500M office tower project, looks to light up Hollywood
The Star, a $500M office tower project, looks to light up Hollywood
The Boyd Street fire in May, 2020 (Getty)
LA fire captain sues building, vape shop owners over May 2020 explosion in downtown
LA fire captain sues building, vape shop owners over May 2020 explosion in downtown
(Getty Images)
SoCal’s “Space Beach” is ready for liftoff
SoCal’s “Space Beach” is ready for liftoff
Clockwise from top left: Kilroy Realty CEO John Kilroy, Boston Properties CEO Owen Thomas, TMG Partners CEO Michael Covarrubius and Eastdil Secured CEO Michael Van Konynenburg (Kilroy, LinkedIn via Thomas, TMG Partners, LinkedIn via Van Konynenburg, Getty)
“We gotta get people back to the office”: West Coast landlord execs press for return
“We gotta get people back to the office”: West Coast landlord execs press for return
Oxford Properties CEO Michael Turner and the campus (Oxford)
Oxford moves into LA with $134M industrial buy
Oxford moves into LA with $134M industrial buy
Post-production campus in Burbank sells for $37M
Post-production campus in Burbank sells for $37M
Post-production campus in Burbank sells for $37M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...