Longtime owner of Old Log Theater appears poised to sell venue

Author:
Updated:
Original:

The owner of the oldest professional theater company in Minnesota appears to be ready to sell the venue after 67 years of operation, the Star Tribune reports.

Old Log Theater owner Don Stoltz said Wednesday that he and his sons are considering an offer from one of four potential buyers for the Excelsior venue, the paper says.

Stoltz, 95, began work at the theater in 1941 and purchased it in 1946. The Old Log, which includes a restaurant, sits on 11 acres near Lake Minnetonka.

Nick Nolte, Loni Anderson and Steve Zahn are among the notable actors to have played the Old Log Stage early in their careers. The space has also featured plays starring such local personalities as WCCO-TV's Dave Moore, Allan Lotsberg and Bill Carlson, as well as Carlson's wife, Nancy Nelson, who starred in shows opposite Nolte.

Although Stoltz wouldn't disclose whose offer he's considering out of fairness to the other buyers, the Star Tribune says people close to the deal that Twin Cities software developer Greg Frankenfield has the inside track.

The Star Tribune says that Frankenfield has indicated that he'd like the Old Log to continue operating as a theater.

Frankenfield, the CEO of St. Louis Park-based Magenic, is described by the Star Tribune as a "theater enthusiast" who has served on the board of the Mixed Blood Theater. He reportedly made an unsuccessful bid to buy the Chanhassen Dinner Theatres in 2009.

The Old Log is closing its run of "Mahalia" this Sunday, and the theater will undergo renovations for a month before opening for its next production.

Next Up

leech lake band of ojibwe sign

11,760 acres of land wrongly taken from Leech Lake Band of Ojibwe will be returned

The Senate and now the House have passed a bill that effectively returns the land. It's now headed for the president's signature.

Karl-Anthony Towns

Timberwolves release first half of 2020-21 regular season schedule

The second half of the schedule will be announced at a later date.

reindeer como zoo

Watch live: Como Zoo's live reindeer cam is back for December

The live feed will run 24/7 allowing you to keep an eye on Santa's antlered helpers.

sleeping

Three simple ways to boost your immune health heading into winter

Eating right is one thing, but there are other ways to stay healthy as the days shorten.

Taylor Rogers

Why Twins fans shouldn't give up on Taylor Rogers

The Twins closer struggled in 2020 but could rebound next season.

Co. Rd. 2 crash, Wakefield Twp.

Teen driver leaves road, crashes into three trees

Fortunately, the 16-year-old was not injured.

mndot deer  tunnel 1

Minnesota is getting its first highway crossing for animals

This will provide a safe way for animals to cross the street, and hopefully limit deer-vehicle collisions.

Screen Shot 2020-12-04 at 11.00.30 AM

Money Gal Coaching: Habits of a millionaire, just in time for the holidays?

Kelly Blodgett started Money Gal Coaching after paying down nearly $50K in debt in 18 months.

Mayo Belle Plaine

Mayo temporarily closes 5 clinics in southern MN amid COVID surge

The Mayo is reallocating staff to other sites as it deals with the COVID outbreak.

soda pop

MDH finds 'troubling' trend in how many sugary drinks students are consuming

Nearly half of students have a sugary drink a day. Health officials recommend limiting it to one per week or fewer.

Related