Foundation for Texas Theatre Signs Five-Year Lease with Operator
Barak Epstein (lower right) with Oak Cliff Foundation chairman Stuart Sikes (lower left), foundation secretary Ninette McDonald, and foundation past chairman Monte Anderson at the signing of the Texas Theatre lease Aug. 30.
This morning (Aug. 30), representatives of the Oak Cliff Foundation, which owns the Texas Theatre, signed a five-year operating lease with Barak Epstein, a Lakewood resident.
Epstein, an independent film producer and film consultant, tentatively plans to invest $100,000 to $200,000 in renovating the theater, he said.
The lease requires Epstein to run proposed changes past the foundation because of its historic landmark status, said Monte Anderson, foundation past chairman who brokered the deal.
Epstein said he hopes to show old films as well as independent films both large and small. He added he plans to start renovations in September for some “soft” openings in October.
Check Friday’s edition of Oak Cliff People for more details…