A beloved shuttered theater nestled in the heart of downtown Rochester could see a rebirth after city officials revealed this week that they've been in negotiations to buy it.
The Chateau Theatre, built in 1927 by the founders of the Mayo Clinic, was home to theater, vaudeville acts and movies before it was converted into a Barnes & Noble bookstore in the 1980s. The bookstore closed at the end of last year, and no future use has been designated.
Mayor Ardell Brede said the city could have it for $6 million, a price that doesn't include whatever renovations may be necessary. Nothing has been signed yet, but the City Council is expected to take up the sale at their April 6 meeting.
The Mayo Clinic has pledged to help pay for it with a $500,000 gift, Brede said.
That the city was even considering the Chateau came as a happy surprise to Rochester arts groups, some of which were acting collectively to find a new use for the theater when they learned that it would go on the market.
"We're tickled pink that it's going to be bought by the city," said Stephen Troutman, a member of the Rochester Arts and Culture Collaborative, a citizen group created last fall. The group met several times and discussed their hopes for the Chateau, but couldn't come up with a working plan to buy it themselves, he said.
If the city buys the theater, Brede said, it falls neatly into the massive economic development plan known as Destination Medical Center, a $6 billion, 20-year redo of downtown with the goal of making Rochester a destination in its own right.
The plan comes with $585 million in taxpayer funds approved by the Legislature last year.