The Las Vegas City Council approved a plan to facilitate the sale of the Huntridge Theater, the Las Vegas Review-Journal reports.
Las Vegas developer J Dapper will buy the rundown, historic theater from the current owners for $4 million.
City Attorney Brad Jerbic has said that he hopes Dapper can close the deal within six months.
Dapper, founder of Dapper Companies, did not specify his plans for the Huntridge at Thursday’s hearing, but in a recent court filing, he said he wants to rehabilitate the theater and while including some residential space on the property.
He did tell the council that wants to “restore the theater back to its original glory” and if he finds out he can’t save the World War II-era building, his interest in buying it “would go away.”
He doesn’t want to purchase the Huntridge and then just demolish it, he noted.