Thursday, June 21, 2007

More on talks for Ilitch to take over world's largest Masonic Temple & Theater

6.20.07


Olympia Entertainment continues talks for Masonic Temple shows

By Bill Shea

No agreement is imminent, but Olympia Entertainment remains in talks with the owners of the financially strapped Detroit Masonic Temple to book shows and concerts at the historic venue.

Negotiations have been on and off for several months, said Karen Cullen, vice president of corporate communications for Ilitch Holdings Inc., which includes Olympia along with Little Caesars Pizza, the Detroit Tigers and Detroit Red Wings, Fox Theater, Comerica Park, Cobo Hall and Joe Louis Arena.

Details of the talks remain private, Cullen said.

The 14-story temple, which includes the 4,404-seat Masonic Temple Theater, opened in 1926 at 500 Temple Ave. in the Cass Corridor and is the largest Masonic Temple in the world.

The theater currently is managed by the Nederlander Organization, which owns the Fisher Theater. However, Nederlander has said it will no longer book events at the temple after this year.

The building’s owner, the Masonic Temple Association, owes the city back taxes and utility bills and could face foreclosure. The temple association has said it will not sell the building, but will look for a deal that will allow it to pay its bills.

TheMasonic.com

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