Evening star., 1923-01-10
100000
BUILDING Project
Bond and Mortgage Company
Finances Combined Theater
and Business Structure.
SITE 18TH AND E STREETS
Edifce Ten Stories High in Down
town District to Be Begun
at Once.
SITE 18TH AND E STREETS

construction of a $I.500,0oo Office
| building and theater, TO be known as
the Cosmopolitan. at the northeast COR
ner of 18th and e streets nortbvest will,
start at once, it was announced TODAY
py the American Bond and Mortgage
company. which is financing the project.
Ihe structure supersedes the one orig
inany announced as planned for that
corner by the Brylawski theater in
terests. owning the Cosmos Theater.
SlS pennsylvania avenue. 1t is con-
tempiated that the type of building,
win theater incorporated. finally adopt
ed VIII represent a vast Improvement
over the enterprise announced manv
months ago as under consideration.
In Shopping District.
Located in what is credited with be-
liz liz lne heart OF Washington's downtown
Sxopplhg district and within easy access
Sl government buildings, the promoters
oeleve the new structure will be at
tractive both as a theater and office
opIii1iIng; anniig II is reported that already
aappilcations for Offices. to which the
nve upper stories will be devoted. are
, floors. Nv" Vi the
The building. including tho five
height of ten stories, the two unner
stories constituting a sort OF tower.
Which gives to the whole edIf9ce a
metropolitan aspect. The exterior
wlil nave a granite base, above which
| tne street facades will be OF orna-
mental terra Gotta throughout the
ehIire height of the building.
| Thenter's Seating Capacity.
the theater proper will occupy the
| ioWer half of the building. It will
nave seating capacity Of 2,25o per
| sons and there will be installed a
ment II is understood that first-r,in
motion pictures will be a feature and
! that provision has been made for
vaudeville performances. The deco
ptelons and furnishings of the the
ater have been given special atten-
tlon and unusual lighting effects will
De anorded by an elaborate system
/ OF lighting.
The entrance lobby, as planned, will
be one of the most ornamental and
beautiful in the country. ii was learn
CO. as well as probably the largest
Ihe walls and lofty ceiling will be
covered with intricate carvings and
noids In an artistic scheme worked
out after examination of the lobbies
of some of the foremost theaters in
Ne" York, Chicago and other cities
Ihe decorative layout will be exc
cuted in marble, bronze and orna-
| iron.
Interior OF Ornate Design.
The interior of the office part will
be OF ornate design. The Offices will
be reached by means of four high
speed elevators. The FIVE upper floors
VIII be subdivided into thirty-three
| individual offices and twelve suites OF
offices.
The building will be of fireproof
construction throughout. Numer-
Gus fire exits have been pro-
lvided in readily accessible parts OF
the theater SO that this portion may
be emptied of patrons in a remarka-
bly, short space of time. il is under
stood.
The corner to be occupied by the new
structure has a frontage on the north
side OF E street of 1873 feet and on
18th street of 1913 feet.
| The American Bond and Mortgage
Company will finance the operation
by issuing first mortgage real estate
bonds yielding z per cent interest, it
was stated.