(KGNS) - The former Hollywood Theaters property has a new owner, and discussions are underway about turning part of the building into a conference center.

The city of Laredo is discussing a possible conference center at the property with Enjoy Hospitality, a company whose portfolio includes hotels and entertainment businesses.

Possible plans for the propertyHector Alaniz, a realtor who helped sell the property, said Laredo needs a place to hold conferences."We're the 10th largest city in the state of Texas, and we don't have a convention center, even ever since we sold the Civic Center in the downtown area. So the plans, the current plans right now with the new owners is we're still pursuing the opportunity of at least dedicating about 20,000 square feet for the use of a conference center convention center," Alaniz said.