The money raising for restarting the old Broadway Theater continued Tuesday night with a fundraiser in the lobby of the Ellicott Square Building.
The event was arranged by developer Carl Paladino who is working with the building's owner, the Western New York Minority Media Professionals.
Ellicott Development experts have been studying the structure of the aging theater.
Media Professionals Real Estate Director Reginald Wallace says his group wants more than just a movie theater.
"We could have live theatrical performances, concerts, different social events in there, weddings or fashion shows," Wallace said.
"But, that costs. What our last engineering firm quoted us was between $6.5 million to $ 7 million."
Wallace says he hopes enough money will be raised by the end of August to start work on stabilizing the structure near Broadway and Mortimer, repairing any loose bricks and fixing the roof to end water leakage.
He is estimating 18 months for a complete renovation but says Ellicott Development staffers say it can be done in 12 months.
