Atascadero theatre planning a second act, reopening in early July

June 25, 2022

By KAREN VELIE

Atascadero’s only movie theatre complex temperately closed this week as it readies for a second act, which includes reopening in early July.

During the pandemic, the owners of the Galaxy Theatre stopped paying their rent and the owner of the property began having trouble meeting loan payments. After failing to make an agreement with Jeff Nelson, the owner of Colony Square, Galaxy Theatre’s owners elected to leave on June 23, shortly before their lease expired.

The Sanborn family, which owns the Downtown Centre 7 in San Luis Obispo, plans to reopen the theater the first week of July as Colony Cinemas. Tickets will be available on “Atascadero.TheMovieExperience.com.”

“We are excited that a seasoned and well capitalized local theater operator stepped up at the last minute so that Atascadero can continue to have a fine theatre as the anchor of its downtown,” Nelson said.

Sanborn has offered jobs to former Galaxy Theatre employees, most all of whom look forward to working at Colony Cinemas. Nelson is working to get Galaxy Theatre operators to redeem or make good all gift certificates purchased when they operated the theater.

“We are going to pursue Galaxy Theatres making good on the gift certificates,” Nelson said.


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slo_full_of_slow_learners

Sounds good to me. I walked up to go see a movie on Friday and felt like the Twilight Zone when the doors were locked and sign saying they shut down. I thought oh no recession is here now. Good to hear it’ll re open quickly.


OhHenry

Just FYI, The Sanborn Family Theatres business is based in Newport Beach. They own many theatres around the state.


Jorge Estrada

I wish them well as I am a regular customer of that theatre. Only fear for them will be the electric bill which must be much greater than SLO because of weather.


commonsenseguy

That’s great news. I thank the Sanborn family for their investment.