Great! I hope they can do something with it.

The Historic West Bend Theatre Inc. announced Friday it purchased the West Bend Theatre and plans to restore the downtown facility that was built in 1929.

The nonprofit corporation acquired the property from Ascendant Holdings, which is managed by Matt Prescott.

“We are grateful to Matt Prescott for stepping up to save this beautiful and historic building so that our community may continue to create wonderful memories for years to come,” HWBT president Lisa Rowe said in a news release.

The theatre has remained closed since 2006. The board of directors now in control of the building plans to create a multi-purpose venue to offer classic and kids movie showings, plays, live music performances, comedy acts and a space for events.

The group retained architect Scott Georgeson, who holds a master’s degree in architecture from the University of Wisconsin-Milwaukee and is a fellow in the American Institute of Architects. He specializes in theatre restoration and renovation.