I was intrigued to see workers in front of the Source Theatre on 14th St. NW over the weekend hanging a marquee sign for the opening of David Mamet’s Boston Marriage on Feb. 17. For one thing, the Source Theatre Company has been basically closed for 2 years. For another, I had heard last month at a neighborhood association meeting that the building was likely being sold to the owners of Bedrock Billiards, who plan on turning the space into an automobile-themed bar. So what exactly is going on?

Well, answers abound today. Source Theatre’s management finally announced this week that they have agreed to sell the property at 1835 14th St. NW to Bedrock Management Co., which will replace the theater with the Standard Bar & Grill, according to the Post. The CityPaper also has a story online today which digs into questions about Source’s troubled financial situation — apparently they’re behind on their mortgage payments, and District officials are anxious to find out where, exactly, the nearly $1 million the city has invested in the company over the years, went.

Peppered throughout today’s news also are comments from locals involved in the arts who lament the loss of creative space in the vibrant 14th St. corridor. What do you think about this? Does 14th St. really need another transportation-themed bar & grill? Or is it better at least to have the space being used on a regular basis instead of lying fallow?

Incidentally, the production of Boston Marriage in the Source Theatre space is being produced by Actors Theatre of Washington, and will run through Mar. 19. No word yet on when the sale will be closed and construction work will begin at the site.