Fort Worth landmark movie palace for sale

posted by ridgleathe on January 28, 2008 at 7:45 am

FORT WORTH, TX — The owners of the Historic Ridglea Theater are searching for a buyer. The Ridglea Theater was constructed in a Spanish Mission style in 1948. Mr. AC Luther built this movie palace for Karl Hobolitz, the founder and owner of Interstate Theaters.

The facility has been a favorite venue for traveling bands on Thursday through Saturday evenings the last 9 years. Legendary musicians such as Henry Rollins with Black Flag, Leon Russell, Willie Nelson, Keb Mo, Robert Ely, and Bo Diddley have played in the Theater along with current favorites such as Death Cab for Cutie, the Toadies, Pimpadelic, Marley, and many other new acts. The venue has been featured (with live feeds) on MTV several times..

The theater retains most of the original configuration and materials. This includes a two story mural painted by the WPA.

The R.K. Maulsby Family Trust has owned (or kept financing under ) the property since 1976 . Since the spring of 1991 the Trust has maintained an office in and managed the property. The massive amount of Urban Village type development along Camp Bowie has made the long term future and preservation of this theater vulnerable to developers.

The trustees of the R. K. Maulsby Trust would like to place the property with an entity with the intent and physical means to continue the tradition.

Contact for more information.

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