Last Saturday LA’s new X Repertory Theater Company (XRT) celebrated the opening of its mammoth headquarters—which they call Location X— on 1581 Industrial Street in the city’s Arts/Warehouse District. Members of the company spent weeks prior to the party sandblasting  (yes, they did it themselves, respirators and all..) the 10,000 square foot former warehouse’s plaster walls to reveal gorgeous brick;and they’ve hired standout Venice firm Sander Architects to install mainstage and black box theaters, rehearsal rooms, offices, and a coffee bar/cabaret. The non-profit XRT, which officially opens on April 1, will be both a theater company and an acting school. Its space is one of several to recently open along the south edge of the Downtown Arts District, an atmospheric former wasteland that’s already the place to be for architecture school slackers and the rest of today’s Depression 2.0-era youth.