Rio Theatre has three days to raise $700K in donations

The race to save the Rio Theatre is on its final leg.

Operators of the East Vancouver cinema are ramping up fundraising events this weekend to collect part of the $3 million they need to put a down payment on the building and save it from potential re-development. 

All told, the goal is to raise $2-million from investors and another $1-million from the public in crowdfunding. The fundraising deadline is Tuesday, and as of Friday night, $300,000 had been raised.

Corinne Lea, owner