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DTLA's Forgotten Olympic Theatre Primed for Retail Revival

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[Photos by Hunter Kerhart via Brigham Yen]

Could the '20s-era Olympic Theatre on Eighth Street be the next historic theater to roar back to life? Broker/blogger Brigham Yen is marketing the 600-seat venue to retailers "with a unique identity and brand"—perhaps someone like Urban Outfitters, which moved into the old Rialto Theater nearby. Most recently a light fixture store, the theater went up in 1927, with the Olympic moniker added for the 1932 games; it sits around the corner from Broadway's more storied theaters, like the Million Dollar and Los Angeles. The entire 9,835-square-foot space has three floors, perfect for a flagship store. Racked asked readers what they wanted in the Olympic and Japanese clothing retailer Uniqlo was the runaway winner.

· New Listing: Unique Flagship Retail Opportunity at Historic Olympic Theatre in Downtown LA [BY]