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Per rumours on Local firm [[MAD Architects]], in their response to an RFQ for the [[Rick OutzenCommunity Maritime Park]]'s blog, claims to be renovating the Rex.<ref>[http://ricksblogwww.ci.pensacola.fl.bizus/upload/images/CommunityDevelopment/PDFs/?p=1596MAD.pdf PDF at City of Pensacola website]</ref>, [[Rick Outzen]] has also reported rumors on his [[Rick's Blog|blog]] that the Rex may be reopened as a live music venue by the end of 2007.<ref>http://ricksblog.biz/?p=1596</ref>
<small><references/></small>
renovation firm; landmark category; minor changes
After closing, the building was nearly demolished. It was sold to the [[City of Pensacola]] in 1984 for $95,000. Architects [[J.P. MacNeil|J.P.]] and [[Michelle MacNeil]] bought the theater in 1997 for $25,000, renovated it, and converted part of it to a 1,920 sq.ft. apartment.<ref>[http://www.escpa.org/details.asp?qAcctNum=130853000&qSection=&qTownship=&qRange=&qSubdivision=&qBlock=&qLot= Escambia County Property Appraiser record]</ref> It was sold again in 2004 for $425,000 to [[Tim Hogan]], the current owner, who has stated an intention to reopen the Rex as a "high-tech, retro-themed" venue for movies and concerts.<ref>[http://inewsloadedgun.blogspot.com/2006/07/rex-returns_05.html Loaded Gun, July 5, 2006]</ref> However, further renovations are still needed to bring the building up to code, and [[as of 2007]] the Rex has not reopened.
==References==
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[[Category:Historic theaters]]
[[Category:Palafox Street buildings]]
[[Category:Landmarks]]