Chase Bank breaks ground for monument to deception

Ironically, Chase Bank – the self-proclaimed community partner since 1924 - has broken ground at 304 Main Street next to the "Save our State" sign. The bank did nothing to save the historic State Theatre that could have been restored as a movie theater with an adjacent multiplex at 304 Main. The bank lied to many Woodlanders telling them they were willing to work with Ron Caceres and move to one of several available sites in the immediate vicinity. Caceres was the developer who would have restored (not simply remodeled) the State Theatre building with Galaxy Theatres as the operator.
From the Woodland Record:
Chase Bank has now broken ground on what will become a monument to corporate deception and poor civic planning in addition to becoming a glorified ATM outlet and parking lot in the central business district. The bank is able to finally build its third Woodland branch on the Tovar property at 304 Main Street because on June 29, a partnership named Main Street Woodland LLC closed escrow on the parcel. The sale price was $530,000 according to a source.
304 Main Street is adjacent to the historic State Theatre building that was one of two sites listed in the City of Woodland's Redevelopment Agency (RDA) request for proposals (RFP) for a downtown multiplex. Woodland developer Ron Caceres responded to the RFP with a plan to renovate and expand the State Theatre. Caceres actually became the only respondent since the other developer, Paul Petrovich, quit the selection process. It became clear through a series of events that the City of Woodland never wanted the State Theatre project to succeed.
Read more at WoodlandRecord.com.



