"We have been blown away by the massive outpouring of support from our customers and the L.A. community throughout our search for a new home and are excited for the next chapter in the Amoeba story," Amoeba Music co-owner Jim Henderson said in a statement. "It has been a long search, but we're pleased to announce we found the right new home and are able to stay in the music and movie-loving heart of Hollywood."
The store's new location is expected to be open this fall, although an exact date was not announced. According to the store's website, the new location will be slightly smaller, "but not a whole lot."
The store was forced out of its previous location at 6255 Sunset Blvd. to make way for a planned housing development. According to the developer, the project will include 200 housing units in a 26-story, 7,000-square-foot building. Ten of the units, or 5%, are slated for affordable or "very low- income" households.