- 6 - II. Description of the Redwood City Fox The Redwood City Fox is a steel-reinforced concrete building that was constructed in 1928 and is comprised of a theater with adjacent commercial space. The Redwood City Fox is an example of an American "movie palace"--a distinct phase of theater architecture which occurred primarily between 1915 and 1945, with its peak period in the 1920's. The Redwood City Fox was built to serve both as a vaudeville house for live entertainment and as a "fantasy" movie palace. The inclusion of commercial space within the larger theater building is indicative of a trend during the 1920's and 1930's to use theaters to create more distinctive office and retail buildings. The facade of the Redwood City Fox building is Gothic Revival with Art Deco themes, and is representative of the late 1920's. The theater incorporates many architectural features of that generation, including an ornate terrazzo sidewalk, a recessed entrance, an expansive "Grand Lobby", a high level of interior decoration, a pipe organ and organ lofts, and numerous 5(...continued) information. The May 1, 1981, Purchase Agreement executed by Jacobs and the sellers, Redwood Theatre, Ltd., indicates a purchase price of $1,000,000, with $87,444 of the purchase price allocated to the personal property and $912,556 allocated to the real property. Escrow instructions dated May 8, 1981, also indicate a sales price of $1,000,000, with an additional $16,675.36 paid by Jacobs for closing costs and prorated property taxes. Based on the evidence presented, we find that Jacobs paid $1,000,000 for the Redwood City Fox and associated personal property, exclusive of closing costs and property taxes.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011