Royal-George Theater put on auction block

Chicago Sun-Times | January 31, 1989| | Copyright

The acclaimed Royal-George Theater, which has sparked a resurgence of entertainment activity on North Halsted Street, is being offered for sale.

"I don't want to sell, but I need money," said Royal Faubion, who heads the group that owns the theater and restaurant property at 1641 N. Halsted. The property, a former factory loft, was renovated at a cost of $5 million and opened as a theater/restaurant in 1985.

The 450-seat Royal-George has been home to "Steel Magnolias" since November.

"I'm a developer and I buy and sell property and want to continue to do that," Faubion said. "I'm not a ...

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