New owner of old Capitol Theatre in New London explains plans fo - WFSB 3 Connecticut

New owner of old Capitol Theatre in New London explains plans for building

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The Capitol Theater in New London has been vacant for 40 years. Now a new owner is trying to decide what to do with it! (WFSB) The Capitol Theater in New London has been vacant for 40 years. Now a new owner is trying to decide what to do with it! (WFSB)
NEW LONDON, CT (WFSB) -

A theater in New London was vacant for more than 40 years and on Friday, the owner of the property gave Eyewitness News an exclusive tour while explaining his vision for the facility.

Since 1974, the Capitol Theatre on Bank Street has been silent. The 1926 era Vaudville movie house has a new owner with a new vision for the shuttered theater.

The theater and the neighboring three-story Marcus building are now under the ownership of Westport businessman, Eric Hamburg.

"It enables me to do something a little more interesting with the block as opposed to just a standalone building as a one off so taking a bigger piece of the block was more interesting,” Hamburg said.

Hamburg said the old Capitol Theatre has “good bones.”

"I don't know what it’s going to cost yet,” Hamburg said. “We need to get in here first and figure out what it could be from an engineering point of view from a design point of view."

Hamburg explained that the space will dictate what features to create, but a music venue or theater and a wine bar are possible options.

“I'm buying to create a destination where people aren't coming just from New London. They'll be coming from areas all around even as far as Providence and Boston,” Hamburg said.   

Hamburg said he's already got a track record New London. He bought 1 Hamilton and built townhouses.

The self-funded investor said he has big plans for the Whaling City and has already purchased other buildings in town.

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