May 2002 - March 2003: Goldenberg Development Corporation explored reuse strategies (concert venue, dinner theater, special event space, offices and classrooms for the Pennsylvania Ballet).
September 2003: Goldenberg and Clear Channel announce partnership to restore the Boyd as a theater for first-run Broadway touring productions. Goldenberg was unable to secure public funding toward this project.
March 31, 2005: Goldenberg sold the Boyd to Boyd Development LP, a subsidiary of Clear Channel, then Live Nation. Live Nation continued the attempted redevelopment of the Boyd as a theater for touring Broadway shows. Live Nation, however, sold its theatrical division, stalling out on redeveloping the Boyd.
August 2008: Historical Commission votes to list the Boyd in the Philadelphia Register of Historic Places.
August 2008 - January 2010: Hal Wheeler of ARCWheeler advanced redevelopment strategy which would have preserved the Boyd and added a 28- story, 250-room hotel on the adjoining lot that would have cantilevered over the Boyd’s auditorium. Hal Wheeler passed away in January 2010.
2010: Live Nation considered renovating the Boyd into a 2,200-capacity standing general admission live entertainment venue for touring live music acts. Live Nation determined it could not justify the rehabilitiaton in light of anticipated revenues.
January - April 2011: 1910 Chestnut LP advanced a mixed-use redevelopment plan, but the group was not able to secure investment partners or finalize the development plan.
October 2012: Live Nation and International Finance Company (as R Investment Nine LP) entered into agreement of sale for the Boyd. R Investment Nine has a ground lease agreement with 30 West Pershing LLC which has sub-groundleased with iPic. R Investment Nine is the project developer and owner; iPic would be the tenant and operator. The current proposal is to construct an eight-screen movie theater behind the Chestnut Street facade and headhouse.
January-February 2014: Committee on Financial Hardship accepts Boyd owner's application for hardship.
Source: RES Report 1/16/14
B.A., The Catholic University of America
Golas worked in the daily newspaper business for 32 years, including 20 at The Philadelphia Inquirer, where he was Metropolitan Editor. He was also Executive Editor and Vice President of the Wilkes-Barre Times Leader.