Valley to get New State-of-the-Art Theater

The birth of a new parking structure that will serve the future redone Reseda Theater began yesterday near the intersection of Sherman Way and Reseda Blvd. "The 8,500-square-foot theater will be gutted and reconfigured into an 11,000- square-foot, state-of- the-art, live-performance and special-event venue," reports the Daily News. It will get a $7.7 million makeover and is being rehabilitated by the CIM Group, who runs Hollywood & Highland, among many other redevelopment properties in the Los Angeles area.