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Demolition Contract to Save City $200,000

A Chatsworth company will demolish the 500 block of Main Street in Ventura to make way for a 10-screen movie theater for $200,000 less than the city anticipated.

The City Council awarded the $464,169 contract Monday night to William L. Olsen Inc. The city had initially estimated the demolition would cost $670,000.

Olsen will begin razing the row of downtown buildings--stretching from the pink Jack Rose building at Main and Chestnut streets to the beige sprawl of the former Sav-More--in early July.

Work to prepare the site for construction of the planned $6.5-million Art Deco-style theater should be done by mid-September, according to a city report.

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Savings from the demolition will be set aside in case unexpected costs arise during construction, Tom Figg, planning and redevelopment manager, told the council.

The demolition will occur between 7 a.m. and 3:30 p.m. Monday to Friday.

During construction there will be no parking allowed in the 500 block on the north side of Main Street adjacent to the site.


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