Plans to turn Park City's Memorial Building into an entertainment center are beginning to take form with the purchase of the property by a New York-area businessman.

Robert S. Savin, chairman and chief executive of IPCO Corp. and a part-time Park City resident for the past seven years, said he hopes to attract year-round use of the building with a variety of amenities, including:*An entertainment center on the lower level offering the latest video games, billiard tables, bowling (refurbishing the existing four lanes) and refreshments.

*A multi-use ballroom (remodeling the existing gymnasium) with facilities for dancing, dinner theater, concerts, banquets and conventions (maximum capacity of 1,000).

*A first-class restaurant.

*A private club.

*A sports bar featuring several giant screen televisions.

Savin said he has hired Salt Lake City architect Gary Acord and Park City contractor T.J. Barham to handle the renovations. Savin's associate, Steve Scoggan, C.P.A., has been named general manager. The project is expected to cost between $1.5 and $1.7 million. The target date for the first phase of the project is Dec. 15, 1988.

"The first area we will open will be the game room, and possibly the ballroom," Savin said. He indicated the building will be known as the Park City Entertainment Center.

The 28,000-square-foot War Veterans' Memorial Building has long been a center of activity on Park City's Main Street. It was built in the late 1930s as a county recreation facility. Ownership of the building was transferred to the Park City Municipal Corporation in the 1970s. At various times in the last decade, it has housed the offices of the justice of the peace, the planning department, the police force, and the recreation department. It was also the first home of Park City radio station KPCW.

In 1986 it was sold to a private corporation headed by former Park City resident Carroll Horton. However, plans to refurbish the building never materialized. In September, 1988, Horton sold the property to Savin.

Savin is the chairman and chief executive officer of IPCO Corp., a health-care conglomerate whose holdings include the 245-store Sterling Optical chain. He is a member of the founding family and a former director of the Savin Corp., a manufacturer and distributor of photocopying equipment. He is a resident of Westchester County, New York, but has been a frequent visitor to Park City since 1981 and is an owner and the vice president of the board of trustees at the Stein Eriksen Lodge in Deer Valley.