The Living Room Theatre will take its final bow after their 10th season at 1818 McGee Street.
Higher rents are driving them out of the Crossroads Art District.
"Due to soaring city taxes and rental costs in The Crossroads Arts District, we can sadly no longer afford to stay," the theater posted on their website.
"Really saddened, that's a great little theater group," Jeff Owens, vice president of the Crossroads Community Association, said.
Owens said he is noticing higher rent prices across the district.
"It is harder everyday to find a cool spot in the Crossroads for an artist," he said.
Across the street from The Living Room Theatre, a screen printing shop, Normal Human, is also feeling the difference.
"It's pretty clear that things are changing and prices are increasing," Dan Mahaney, co-owner of Normal Human, said.
The higher rents may affect their future in the district too.
"We got a pretty good deal to start, but definitely do expect, when it comes time to renegotiate and renew our lease that , that the rent will go up and we'll have to potentially make some difficult decisions," Mahaney said.
This is not the first time businesses in the district are getting sticker shock.
In February, 41 Action News spoke with Brioche Pastry Shop owner Brandon Kelley when he was packing up.
"The increase that was proposed to us was completely uncalled for, for what the market is showing us," Kelley said.
Two doors down from them, Creative Mindz, were also on the way out after their lease ended.
"I feel like we're getting pushed out as little mom and pop shops for bigger businesses to come because of all the amenities that are coming down here," owner Tylan Briscoe said.
It's an issue that may not go away anytime soon.
"Success, you know it's crazy," Owens said. "You're so excited because it's so successful, but then it brings up all these new problems that you have to deal with."
The Living Room Theatre said on its website that it wants to maintain its non-profit status to explore more opportunities for the future of the company.
