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V20: The Venue shut down after six years at The Pike shopping center in downtown Rainbow Harbor, says the Press-Telegram.
One of Long Beach's largest and most popular nightclubs, the V20--which stood for "venue on the water"--was affected by economics and could not reach a new agreement with property manager DDR to remain open, even as its large location near the ocean attracted downtown Long Beach partygoers.
The 30,000-square-foot downtown venue at 81 Aquarium Way announced its closure Saturday night.
The nightclub opened in 2004, and according to a 2005 OC Weekly story, it struggled to find--and keep--its audience in Downtown Long Beach. V20 accommodated about 2,000 people, had a 50-foot bar in the main room, a restaurant, lounges and a VIP room. Its closure affects 60 employees; the venue has no plans to relocate.