For more than 80 years, the space occupied by recently-closed Varsity Theater has served as an entertainment venue for students and local residents.
This week, the owners and the Chapel Hill Downtown Partnership will discuss keeping the property as an arts venue.
Jim Norton, executive director of the Downtown Partnership, wrote in an e-mail to Chapel Hill officials that the partnership would research how to establish a non-profit to oversee a possible community arts space in the Varsity location.