Local entrepreneurs Eric and Lori Lochtefeld have completed their purchase of the historic Fox Theatre in the heart of downtown Redwood City. The property consists of the Fox Theatre, Club Fox nightclub and over 16,000 square feet of office and retail space, as well as a dedicated Box Office. The purchase price was $6mm.
“We officially closed escrow on Wednesday the 15th,” said Lori Lochtefeld, owner of Lacewell Realty. “We are excited to finally focus all of our energies on operating our incredible venues.”
The husband and wife team plan to bring live entertainment back to Redwood City, utilizing both venues for live music, comedy shows, theatrical performances, lecture series, and private events.
Club Fox will officially be open for business on Friday, October 8th and will operate six nights per week, hosting a variety of local and touring acts. The Fox Theatre is currently operating and is available for bookings by promoters, event planners and corporations. The first publically promoted event will be renowned Ukranian rock band Okean Elzy on October 17th. For more information on upcoming events and ticketing, please visit www.FoxRWC.com .
“We plan to host a few concerts in the months ahead to re-introduce our venue to the local community and the peninsula; our official grand opening will be in February after all of the wonderful renovations have been completed.” said Eric Lochtefeld. “There are a lot of events to look forward to, as we have already secured a multi-year deal with Broadway by the Bay that will bring Broadway musicals to the Fox starting in April.” Renovations include improvements to the seating and main floor, a new state-of-the-art sound system, enhanced stage and venue lighting, and an updated fire sprinkler system.
About the Fox Theatre
The Fox Theatre originally opened its doors to the public on January 2, 1929 as The New Sequoia Theatre. The Fox Theatre has been the headlining attraction in Redwood City, including an induction into the National Register of Historic Places in 1993. The Fox Theatre will re-open its doors to entertain the Bay Area, as it regains its place as the centerpiece of vibrant downtown Redwood City.