The Wadsworth Theater on VA property is leased to a New York promoter for $8,000 per month (an incentive is also paid based on ticket sales). The 200-space parking lot at the north end of the VA will generate $50,000 per year from Brentwood Village shoppers.
Officials of the Department of Veterans Affairs promise to not sell any of the VA property and vow that any leases of the property to outsiders will be done with care (and with the consent of veterans and community members). The Old Soldiers’ Home property is considered one of the most valuable pieces of land in the United States. Upcoming improvements include turning land into green space and renovating the Victorian-style chapel.
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