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Resurrecting the Holly Theatre to its 1930s grandeur has been Dave Hammond's dream for a long time. The owner of HamCon Builders in Eagle Point has been on board with the remodel since the historic, but dilapidated, theater was bought by Jefferson Public Radio in 2011, and just this month, the moment arrived when that remodel began in earnest with major demolition underway indoors. With construction costs soaring and a tight budget, Hammond said he's more interested in turning the theater into a performing arts center the community can be proud of than in making a buck out of it. "There's no profit in this," he said. "We're doing it because we love doing it." HamCon workers have been ripping out the old boiler in the basement and tearing into walls, dumping lots of debris into a Dumpster outside. The demolition work will continue for a couple of months, and then after a little lull in the fall, the rebuild should start, with a grand reopening planned for the end of 2019. Hammond is also part of the resurrection of the Butte Creek Mill, which burned down on Christmas Day 2015. He's also good friends with actor Jim Belushi, a supporter of the Holly and Butte Creek Mill rebuild efforts. He said it's particularly important to make the remodel as historically accurate as possible, though an elevator and better disability access will be important new features. The stage will be increased slightly over what was formerly a small orchestra pit. Four offices in the front will be converted into two larger offices. Since 2011, when the Holly remodel was first discussed, estimates for construction and materials have soared from $4.3 million to $10 million. Previous restoration work on the facade and roof joints, as well as design, engineering and architectural fees, have already cost $2 million. With $3 million in the bank and another $3 million in financing, Holly supporters need to raise $2 million over the next year and a half to see the project completed. Randy McKay, director of Jefferson Live!, which is in charge of the Holly rebuild, said he hopes that once the demolition work ends, the actual construction will take place when the federal government approves historic tax credits. "We're now turning it into that amazing 1930 movie palace it once was," McKay said. Reach reporter Damian Mann at 541-776-4476 or [email protected] . Follow him on www.twitter.com/reporterdm .