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September 1, 2014

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Joe Downtown: Save the Huntridge campaign is successful, raises over $150,000

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Sam Morris / Las Vegas Sun

The Huntridge Theater marquee advertises a website seeking support in its preservation Thursday, June 27, 2013.

Huntridge Theater

An exterior view of the Huntridge Theater on the southeast corner of East Charleston Boulevard and Maryland Parkway Monday, Jan. 16, 2012. Designed by architect S. Charles Lee, the theatre opened on October 10, 1944. It  has been closed since January 1, 2002. Launch slideshow »

Huntridge Theater Tour

Michael Cornthwaite gives Edythe Katz, one of the early owners of the the Huntridge Theater, a tour of the dilapidated theater Thursday, June 27, 2013. Launch slideshow »

With a few days to spare, Huntridge Revival LLC has raised more than the $150,000 it had targeted through an online campaign.

As of 3:30 p.m. Monday, the Save the Huntridge campaign on indiegogo.com had raised $152,112 in contributions from a little more than 500 people.

One of the late donors is listed as The Killers, the name of the internationally known rock band from Las Vegas. The amount it contributed is listed as “undisclosed.”

The campaign began June 7 and ends Wednesday at midnight. Downtown Las Vegas mainstay Michael Cornthwaite and partner Joey Vanas wanted to raise $150,000 from the community, equal to 1 percent of the $15 million to buy ($4 million) and renovate ($11 million) the building.

The $150,000 will be used to hire architects for initial renderings, for building inspection, soil sampling and other expenses. It does not mean, however, that Huntridge Revival owns the building. It has until the end of December to raise $4 million from investors to purchase the 69-year-old building from the Mizrachi family.

The purchase price is for more than the theater. Two adjacent buildings would be part of the purchase. Though exact programming is still to be determined, those buildings could be turned into arts classrooms, restaurants, a museum and more.

In one Facebook post, one of the Huntridge Theater volunteers wrote that this was only the fifth indiegogo.com campaign to have succeeded in reaching a goal beyond $100,000.

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  1. Great news indeed towards a valiant effort to not let the blight beset what could be a beautiful theater that will benefit the city, residents and visitors alike. According to indiegogo website, though, here's how it broke down: 27 people (or about 60 per cent) contributed $90,500 (contributions from $500 to $25,000). The rest of the contributions totalling roughly $26,500 came from the bulk of contributions of $200 dollars or less (roughly 20 per cent or about 400 or so people!). That leaves a hole - give or take $35,000 which one could speculate is or around the amount Vegas' favorite sons, the KILLERS gave to the cause (or them and other unreported people not listed on indiegogo). Well done and commendable first step. To tackle the eyesore that is currently the Huntridge, I'm sure everyone, even detractors, are wildly anticipating phase 2. It's always good news when people trying to do something good meet goals. Congrats!!!!!

  2. Post Script: I'm a lawyer, not a mathematician. I tried to do my best guesstimates based on the info provided on the website. Presumably if people did not claim a perk, they may not have been listed on the site... still I think based on the info, this is a good estimate (with the exception that the KILLERS may or may not have given that large amount - it's really impossible to do more than guess). All of which is not to detract from the accomplishment. I only felt the need to comment since the story doesn't break it down at all.