The the DC Commission on the Arts and Humanities announced last week that it will put the Lincoln Theatre up for lease this January. Potential operators interested in leasing the theaer must submit letters by January 18.
The historic U Street theatre, 1215 U Street NW, has struggled to maintain an owner and turn a profit for some time. The Comission on the Arts and Humanities took over the theatre last January after the city ended its contract with the U Street Theatre Foundation.
This past July, Mayor Gray announced that the city was seeking a new operator for the Lincoln Theatre, but the Washington Business Journal reports that the RFP, released in August, did not generate any quality proposals.
Now, instead of leasing the Lincoln to an operator, the government will lease the Lincoln to a commercial entity or nonprofit for a period of five to 10 years, with one five-year option, the Washington Business Journal reports.