"We've literally been counting down the final days until the closure of the popular queer nightclub and cabaret venue was scheduled to close down permanently, a closure that was announced way back in July of this year. But now, just six days before that final bow, the Chronicle reports that Oasis will actually be staying open, thanks to a last-second, multi-million-dollar gift from Bay Area arts benefactors."
"It's very exciting and not what I was expecting at the 11th hour, but also a reminder that magic can happen at any time, Oasis owner D'Arcy Drollinger told the Bay Area Reporter. Saving Oasis is more than keeping a venue open, it's about protecting space for marginalized artists to take risks, share their stories, and build sustainable careers. But with the generous grant, Oasis will now reportedly enter negotiations to buy its 298 11th Street building outright."
"We do not know the size of the charitable donation, but the Bay Area Reporter says that it is at least several million dollars. But we do know that the donation is from local philanthropists Mary and Mark Stevens (whose son Sky Stevens is apparently an Oasis regular). Mark Stevens is a managing partner at Menlo Park VC firm S-Cubed Capital."
Oasis nightclub in SoMa avoided a planned permanent closure six days before the scheduled shutdown after receiving a multi-million-dollar philanthropic gift. The venue will close temporarily for several months of renovations, with the New Year's Eve show serving as the final performance before the work begins. The donation comes from local philanthropists Mary and Mark Stevens, and the grant has opened negotiations to purchase the building at 298 11th Street outright. Oasis originally opened on New Year's 2015 in the former Club Caliente space, and the site has hosted queer bars since 1968 under several names and configurations.
Read at sfist.com
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