Presidio Bay Ventures

Presidio Bay Ventures managing director Cyrus Sanandaji interviewed on NBC San Diego affiliate KNSD

Decrepit Downtown Theatre Site Targeted for Renovation Project

The California Theatre building has become an eyesore and safety hazard.

By Gene Cubbison

For nearly three decades, the landmark California Theatre building in downtown San Diego has been left to deteriorate.

Surrounded by chain-link fencing and stripped of its marquee awning, the place has become an eyesore and safety hazard.

Now, plans to redevelop the historic site are gaining traction at City Hall.

Built in 1927, the theater closed in 1990 -- no longer profitable as a movie-house and venue for plays and concerts.