The Echo’s Mitchell Frank takes over downtown’s Regent Theatre [L.A., CA]

After more than a year of speculation, the Echo’s Mitchell Frank has confirmed the acquisition of a new venue — the Regent Theatre in downtown Los Angeles’ historic core.

Frank, whose concert-promotion company Spaceland Productions began hosting events in 1993 at the club now operating independently as the Satellite, said in an open letter that his company had signed a long-term lease on the Main Street space, which he plans to run as the Regent Theatre DTLA, and adapt into a live entertainment venue and restaurant. The letter includes a list of permit requests, among them a planned capacity of 1,289; full liquor license and operating hours of 8 a.m. to 4 a.m., which suggests a broad mix of hospitality and entertainment.

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