pages: CityCouncil/2005-08-16.pdf, 15
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CityCouncil | 2005-08-16 | 15 | Councilmember deHaan inquired how many seats the historic theater had on the main floor, to which the Development Manager responded 2,000 seats. Councilmember deHaan inquired how many seats would be accommodated now, to which the Development Manager responded 484 seats. Councilmember deHaan inquired whether all the space would be utilized. Mr. Conner responded old seats were spaced 32 inches apart; new seats will be spaced 45 inches apart. Councilmember deHaan inquired whether the 484 seats would utilize all the space. Mr. Conner responded in the affirmative; noted old seating areas underneath the balcony would be used for offices and concessions. Councilmember deHaan inquired whether the historic theater lobby area would be adequate for a concession stand, to which Mr. Conner responded in the negative. Councilmember Daysog inquired whether rent was compared with other cities or facilities. Mr. Kelly responded one integrated business is being run in two buildings rent was run against total gross and was around 15%; the calculations were run on gross, rather than per square foot; the rent is based upon the estimated volume of business. Councilmember Daysog inquired whether the industry reviews rents on a square-foot basis. Mr. Kelly responded typical rent would be $1.35 to $1.85 per square foot in a suburban area; Alameda's situation is unique; the rent was based on estimated gross sales to be fair to both sides. Councilmember Daysog inquired whether there was a blended figure for both the new Cineplex and the historic theater, to which Mr. Kelly responded that the developer is building the Cineplex building. Mayor Johnson stated one of the project goals was to save the historic theater; theaters built today are not like the historic theater ; the developer is taking on a lot of space that would not be taken on for a modern theater; the project would be a lot easier if preserving the historic theater were not a goal; there are Regular Meeting Alameda City Council 15 August 16, 2005 | CityCouncil/2005-08-16.pdf |