The City of Miami Commission voted Thursday to approve the purchase and sale of the historic Olympia Theater in downtown Miami.

The theater, which turns 100 years old next year, will now belong to SLAM, the public charter school network cofounded by music star Pitbull.

SLAM promises to preserve and revitalize

Millie Sanchez with SLAM, or Sports Leadership Arts Management, said the organization is excited about the future of the Olympia Theater and intends to preserve it while creating opportunities for students.

"Our proposal and our project is to preserve the theater. Make it available for the public and at the same time create a space for a program that high school students to be able to and college students to actually learn the industry," Sanchez said.

She added that the plan

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