The castle in the Mission District has been sold.
According to the San Francisco Business Times, a developer purchased San Francisco's National Guard Armory, one of two 4,000-capacity spaces for live music in the city, for $65 million. The Chicago-based developer, Benjamin Weprin, worked previously with Soho House, a private club and hotel operator.
The sale puts the Armory's future as a music venue in limbo, says current Armory director of events Audrey Joseph. In charge of the venue since 2015, Joseph told local news blog 48 Hills that she and the rest of her team at Armory Events will be out by the end of March. She added that a major concert promotion company is "angling" to take over the Armory, but would only be able to contract with the venue for a year.
Some suggest that the company Joseph refers to is Goldenvoice, the company behind the massive Coachella Valley Music and Arts Festival who recently took over booking for local clubs the Great American Music Hall and Slim's, and who is currently promoting shows by Lil Uzi Vert and Erykah Badu at the Armory.
“It’s strange because we have huge events coming up here,” Joseph told 48 Hills. In addition to Uzi Vert and Badu, the Armory's event calendar includes "the Opel party, a bunch of corporate events. We’re working our asses off. So really, I cannot say I know anything exactly that’s going on, other than the last week of March we’re out."