David Di Rita, principal of Roxbury, said the 45-year lease also includes a number of options to renew and that the property would be renovated and restored with things like updated HVAC systems and interior, auditorium and finishes. A specific budget for the theater renovation project has not been calculated, but the overall effort to restore it and construct the West Elm hotel on Woodward Avenue on the edge of Midtown and Brush Park is expected to cost $50 million…Continue Reading or Check Out Our Exclusive, Off-Market Real Estate Investing Opportunities!
