The House of Blues Sunset Strip, which closed its doors for good last night following a performance by Steel Panther

By: Joseph Cirilo  AXS Contributor Aug 6, 2014

After 20 years of being in the business, The House Of Blues on Sunset Blvd, has closed down in order to find a new permanent location in Los Angeles according to a recent report from Bloomberg News.

The official statement from the club’s Facebook Page reads: “Our legendary House of Blues on Sunset Blvd.— the flagship for 20 years of our popular venues around the country — will operate business as usual while we look for a new home. We have a terrific relationship with our landlord, who has other plans to develop the property and we’re working together on a very smooth transition. We have years to find that perfect spot for a new Los Angeles House of Blues home with no interruption for music fans. Stay tuned. The best is yet to come.”

The first “House” opened in 1992, in the Harvard Square commercial district of Cambridge, which is now long-since closed. This location on Sunset Blvd. is known as the flagship of the company, and so many associate it with being the House Of Blues. As mentioned, the business will stay open and active while they continue the search and work towards a fluid transition to their new location wherever that may end up being.

On the eastern end of the Strip, plans call for the House Of Blues to be torn down and replaced with a hotel and condominium project, putting an end to its 20 year tenure there. Meanwhile, a half block over, a Saudi Arabian company is “close to breaking ground” with a luxury hotel, accommodating with around 190 rooms. That lot was purchased for about $30 million 2012, saidTony Azzi, a Los Angeles based broker withMarcus & Millichap.

Hotel occupancies in West Hollywood climbed 6.5 percentage points in 2013, bringing it 82 percent, compared with the total occupancies of 77 percent inLos Angeles and Long Beach, and 71 percent statewide. These statistics according to STR Inc., a Hendersonville, Tennessee based research firm.

There’s no telling when or where the new House Of Blues will be opened, but what is clear is that its time in Los Angeles is far from over.