The Los Angeles City Council Friday provided more funding for improvements to the Madrid Theatre Cultural Arts Hub in the West San Fernando Valley.
The council approved $435,464 in community redevelopment funds toward the Reseda/Canoga Park Redevelopment Project Area.
City Councilman Bob Blumenfield in May unveiled a plan for major upgrades to the nearby Madrid Theatre.
City Council in March signed off on plans to invest about $10.5 million into the area, which included projects such as the Aliso Creek Confluence Park, streetscape enhancements on Sherman Way in Reseda, improvements to the Madrid Theatre and a new traffic signal.
Danielle Brazell, general manager of the Department of Cultural Affairs, gave the city a ceremonial golden key for the property at 7242 Owensmouth Ave.
The Madrid Theatre, which seats about 440 people, will need around $8.5 million in upgrades, with approximately $3 million to be paid for with bond funds.
“For over a decade, I have worked with residents, business owners and community organizations on ways to help the West Valley become an engine for economic growth and a destination for commerce, art and culture,” Blumenfield said three months ago. “These projects are critical to achieving that goal in Canoga Park and Reseda.”
There also are plans to revitalize the Reseda Theater on Sherman Way, to be turned into a five-screen multiplex to be operated by Laemmle Theaters.