| For immediate release: Nov. 11, 2002 OAKLAND, CA  
                    The City of Oakland will receive $375,000 from the Park Bond 
                    Act of 2000 (Proposition 12) to help restore the exterior 
                    facade of the long-vacant Fox Oakland Theater Building at 
                    Telegraph Avenue and 19th Street in downtown Oakland, Friends 
                    of the Oakland Fox (FOOF) has learned. The Fox Oakland Theater Building Facade 
                    Restoration Project is a small but very important part of 
                    the much larger effort to restore and reuse the entire building, 
                    which, besides the theater, includes 48 distinct storefronts 
                    and occupies an entire block.  Actual restoration work on the facade will 
                    not begin for at least a year, but progress reports will be 
                    posted on FOOF's Web site (www.foxoakland.org) 
                    as the City makes information available. No date has been 
                    set for reopening the theater, but FOOF hopes to announce 
                    the availability of public tours within a year and is working 
                    hard to celebrate a grand reopening of the theater before 
                    the end of the decade. At its meeting in Riverside, Calif. on 
                    Friday (Nov. 8) the State Historical Resources Commission 
                    approved a grant of $375,000 for the project. Combined with 
                    matching Central District Redevelopment funds from the City 
                    of Oakland, project funding now totals $750,000.  The state received 58 applications for 
                    grants from this final round of Prop. 12 funding. Approximately 
                    $4.5 million was awarded for archeological and historic preservation 
                    projects throughout California (see http://ohp.parks.ca.gov 
                    for details.) The goal of this phase of the Fox project 
                    is to stabilize and restore the building's facade so that 
                    future efforts to rehabilitate the theater and its commercial 
                    wings will remain eligible for historic preservation investment 
                    tax credits. The restoration of most of the building's exterior 
                    facade will also eliminate blight and, it is hoped, stimulate 
                    investment along Telegraph Avenue and throughout the Uptown 
                    District According to the City's grant application, 
                    "It is critical that the momentum, begun with roof replacement 
                    and made visible to the public with the marquee and neon blade 
                    sign restoration, continue with cost-effective and highly 
                    visible restoration work on the exterior of the building." 
                    The grant is vital seed capital needed to leverage the many 
                    millions of dollars that will be required to complete the 
                    theater's full restoration. The present condition of the building exterior 
                    could adversely affect the marketing and success of future 
                    residential and mixed-use development projects under negotiation 
                    for nearby vacant land in the Uptown District. Restoration 
                    of the facades may stimulate interest in the preservation 
                    and reuse of the theater as well as nearby historical resources, 
                    including the Oakland Floral Depot Building.  The 1928 Fox Oakland Theater Building occupies 
                    a full block of Telegraph Ave. between 18th Street and 19th 
                    Street. The complex has two L-shaped commercial wings of approximately 
                    47,200 square feet surrounding a motion picture theater, which 
                    originally seated between 3,200 and 3,800 patrons. Oakland 
                    architect Maury I. Diggs is generally credited with the design 
                    of the commercial wings while Charles P. Weeks and William 
                    Day designed the theater with exotic Hindu-Islamic themes 
                    throughout. The Fox Oakland Theater Building was recognized 
                    as Oakland Landmark #23 on March 28, 1978 and was listed on 
                    the National Register of Historic Places on February 2, 1979. From its opening in 1928 until its closing 
                    in 1962 the Fox Oakland Theater showed a regular bill of movies; 
                    its two commercial wings were occupied by retail and office 
                    tenants until 2000. By 1972 the theater had stopped hosting 
                    special events and ceased showing movies altogether; its seats 
                    were sold and removed in the following years. The few remaining 
                    commercial tenants departed during the 1990s. When the City 
                    of Oakland purchased the property in 1996, at a cost of $3 
                    million, the entire complex was nearly vacant and in disrepair 
                    due to weather, vandalism, and neglect.  In 1998, the City began a multi-phased 
                    process of stabilizing and restoring the theater complex. 
                    The first phase, completed in 2000, involved a full roof replacement 
                    at a cost of $1 million. During 2001 the second phase, removal 
                    and restoration of the theater's neon and sheet metal marquee 
                    and blade sign, were completed for $650,000 (see Wagner Electric 
                    Sign Co.'s wonderful photos at www.wagnersign.com/fox.html). The third phase involved preparation of 
                    a Master Plan by Hardy Holzman Pfeiffer Associates at a cost 
                    of $350,000. This plan studied five potential reuse options 
                    for the Fox costing from $19 million and to $67 million, and 
                    included a market analysis, programmatic and architectural 
                    studies for each option, cost data, financial projections, 
                    historic resource evaluation, and community input. During the first six months of 2000, the 
                    City began work on what is now Phase 4, the Facade Restoration 
                    Project. A condition analysis of the commercial storefronts 
                    was completed and presented to the Oakland Landmarks Board 
                    on March 13, 2000. Subsequently, work on plans and specifications 
                    began but could not be completed due to a significant shortage 
                    of funds and competing priorities.  The current project will revisit Phase 
                    4 and accomplish as much of the facade restoration as possible. 
                    Restoring the 48 storefronts is its first priority. Second 
                    is restoring exterior masonry, terra cotta, steel sash windows, 
                    and metal spandrel panels. Third is restoring the central 
                    dome, which is in remarkably good condition. Until additional 
                    funds are raised, restoring the central recess of the Theater's 
                    facade to its original condition will be deferred.
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