The Bamboo Room, a beloved nightclub in downtown Lake Worth Beach that has long been known as one of Palm Beach County’s top destinations for blues and folk acts, has been purchased by investor Gary Goldring, who helped rehabilitate a Connecticut town by buying historic buildings and restoring them. Goldring, part-owner of the Tampa Bay Rays baseball team paid $1.3 million for the property. The building’s name is the Paradise Building, but it’s mostly known for its upstairs space, the Bamboo Room. The music venue is leased to a group led by Darrin Cummings, who says he's excited about Goldring’s interest in improving the property “He wants to make it amazing.”