Sunday, January 10, 2016

Iconic Boyd Theater sells for $1.35M, to be restored



What once served as one of the oldest single-screen movie theaters in the region, the defunct and iconic Boyd Theater on Broad Street in Bethlehem, has been sold and will be restored.

Bethlehem-Boyd LP, a local developer, on Dec. 31 bought the property for $1.35 million from Joyce Heydt, who had owned the theater since 1970.


The more than 90-year-old theater had been closed since mid-2011 when it was damaged by water from major storms. In September 2014, a sign was posted on the theater indicating that it owed more than $27,000 to the Bethlehem Area School District.

Lucy Lennon, Realtor for Boutique One Properties in Bethlehem, represented the buyer and seller in the deal.

“She [Joyce] picked the developer that she thought would do the best thing for the theater and the community,” Lennon said this morning.

Lennon is not certain what will be done with the building, confirming that it will be restored and not torn down. Once the developer figures out the details for the project, it will make an announcement, she said.

“They [Bethlehem-Boyd LP] literally fell in love with it,” Lennon said. “They are going to do something extremely spectacular with it.”

Moravian College in October 2014 announced potential plans to bring live theater to the Boyd. But last May’s rainwater damage led the city to condemn the property, adding costs to the project, making it more difficult to buy the building and raise the funds necessary for its renovation. The college had been in partnership with Bethlehem and New Jersey developer J.G. Petrucci and Co. to buy and renovate the property.

Bethlehem mayor Robert Donchez and Alicia Miller Karner, Bethlehem’s director of community and economic development, were unavailable for comment this morning.

Source: LVB

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