Theater Theater Off Jackson Abandons—or Maybe Postpones?—Georgetown Project
posted by March 26 at 13:10 PMon
Back in October, I got all excited because Theater Off Jackson announced they’d be opening a second location in Georgetown, called Exit 162, in the fusty caverns of Eagles Aerie #1.
This was good news for Georgetown (Exit 162 was to open on Corson, just a postprandial stroll away from Matt Dillon’s new restaurant, The Corson Building) and great news for theater—stage space is hard to come by these days and TOJ has demonstrated good judgement, presenting Sgt. Rigsby and His Amazing Silhouettes, Mike Daisey, a weirdly amusing Dracula musical, The Cody Rivers Show, an annual Solo Performance Festival (which might be the kernel for a new, improved fringe festival) and other theater worth watching.
It was also good p.r. for the Sabey Corporation, the real-estate titan that owns lots of Georgetown (including the old Rainier Brewery) and has a fractious relationship with its Keep-Georgetown-Quaint neighbors. Sabey was giving TOJ everything but money—lawyers, consultants, designers, etc.—to help it buy and renovate the Eagles building.
Anyway, deal’s off. TOJ couldn’t find the money.
From an email they just sent:
We are very sorry to announce that TOJ has not been able to secure the necessary funding to move forward with the purchase of the Eagles property. Despite our best efforts, this particular project proved to be too ambitious for an organization of our size.
They’re trying to sound hopeful:
We are still committed to owning a home in Georgetown, and will regroup to build support before seeking out another property.
But it sounds like doom.