Organizers of the Save the Paramount campaign are getting ready to pass the torch.
The board of Uptown Saint John has opted to look for another group or individual to take the project forward after being denied funding from the province and the feds.
Peter Asimakos of Uptown Saint John tells CHSJ News the money that was raised was a drop in the bucket compared to what was needed to refurbish the building--and unless the project gets more backing, the future is uncertain.
He says it could very well not happen and then it may happen and that will depend on what kind of support comes from the community.
Asimakos says the building is still structurally in great shape.
Uptown Saint John had proposed turning the building into a multi-purpose performing arts space.