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Council authorizes first reading of 3-year lease for restaurant at historic Alameda Theatre
Summary
The council voted unanimously to authorize the interim city manager to execute a 36‑month lease (with one 36‑month renewal option) for a restaurant suite in the Alameda Theatre complex to Playhouse LLC (doing business as Director's Cut / Project Burger); staff said rent will start at about $5,865 per month and the lease is estimated to generate over $200,000 in the first three years.
The Alameda City Council on March 3 approved the first reading of an ordinance authorizing the interim city manager to execute a lease for a restaurant suite at the historic Alameda Theatre complex.
Annie Cox, management analyst for the Base Reuse and Economic Development department, said the proposed lease covers an approximately 1,850-square-foot suite at 2319 Central Avenue, a space that has…
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