A Davenport landmark that dates back nine decades is closing. The historic Capitol Theatre — a host to concerts, plays and community events — is closing in June and may be sold. Since January 2008, a company called Capitol Theatre LLC has been leasing the 1920s venue from its owners, Eastern Iowa Community College District.

But the LLC’s Lon Bozarth says the business was a victim of bad timing. He says they opened as the economy tanked and have been unable to borrow money for remodeling and future operation. The community college received the theatre and the building it’s in, the Kahl Education Center, as a donation in the 1990s.

By Phil Roberts, Davenport

Radio Iowa