Iconic Huntridge Theater gets new sign

Workers unveiled a new look for the iconic Huntridge Theater near downtown Las Vegas on Feb. 24, 2014.

LAS VEGAS (FOX5) -- Las Vegas city officials confirmed a buyer made the initial moves to purchase the embattled and dilapidated Huntridge Theater in downtown Las Vegas.  

"About one hour ago -- I have a signed copy of the purchase agreement to buy the Huntridge Theater," said City Attorney Brad Jerbic, showing the paperwork at Wednesday afternoon's city council meeting.

"It will not probably be a movie theater, but will be a performing theater of some kind," he said, calling it a "game changer" for Las Vegas.  

A City of Las Vegas spokesman said the city is negotiating with between current owner King George LLC and buyer J. Dapper.

The uninhabited property at Charleston Boulevard and Maryland Parkway opened in 1944 and was placed on the list of National Register of Historic Places in 1993.

Since its closing nearly 15 years ago, it has been seen as an eyesore in the neighborhood. Prior efforts to save or reinvent the property have been unsuccessful. 

"A lot of emotions. Crying, excited-- it's been an eyesore," said nearby resident Erica Martinez, whose reaction is similar to many who want to see the building restored. 

The item will be on the city council's agenda on Nov. 6. 

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