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Will Roxy Theater In East Nashville Finally Be Revitalized?

Will Roxy Theater In East Nashville Finally Be Revitalized?

Investors led by Elliott Kyle acquired the historic Roxy Theater in East Nashville's Cleveland Park neighborhood this week for $1.3M, and are planning a live entertainment venue with a restaurant, though no specific plans have been revealed. The property has been shuttered for many years; the recession and other problems put the kibosh on previous plans to restore it.

Originally developed in the late 1930s, the property at 827 Meridian St was once a hub for a thriving neighborhood. It isn't the first site Elliott has bought in Cleveland Park, which he bets will be the city's "next cool district," the Nashville Business Journal reports. Recently he also acquired the Ray of Hope Church property. [NBJ]