PEORIA, Ill. — Developer Kim Blickenstaff announced Friday he purchased Peoria’s Scottish Rite Cathedral.
The property, at 400 NE Perry, sold for $490,000.
The church-like facility was constructed in 1925. It is on the National Register of Historic Places.
Blickenstaff, who recently invested in several projects in Peoria Heights, said he envisions the area as a future theater district.
“My model would be the Orpheum in Galesburg,” he said.
The building has more than 10,000 square feet of useable space, theater seating for 900, a full basement kitchen and banquet facility, and parking for more than 130 vehicles. At the corner of Spalding and Perry, a Ronald McDonald House is set to go up next door.
Blickenstaff also purchased many of the building’s contents, which he intends to display as part of what he calls a “living museum.”
The building will continue to be made available for weddings, concerts and conferences.
“I just thought it was on the endangered species list,” he said. “I wanted to save the building.”