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Topic: What's the latest theatre to close or open you have heard about?
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Dennis Benjamin
Phenomenal Film Handler

Posts: 1445
From: Denton, MD
Registered: Feb 2002
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posted 03-09-2010 01:06 PM
Here's the Link: THE LINK
Cincinnati Mall's cinema shuts down
By Laura Baverman • lbaverman@enquirer.com • March 2, 2010
FOREST PARK - Showcase Cinemas is the latest in a string of stores and attractions to vacate Cincinnati Mall, Cincinnati's largest indoor mall.
In the year since new owners bought the 1.6 million-square-foot Cincinnati Mills, renamed it Cincinnati Mall and announced plans to redevelop it, the center has lost a dozen tenants and fallen delinquent on its property taxes.
The theater on the mall's second level showed its last films Sunday. Guess Factory Outlet, Lane Bryant Outlet and Treehouse Kids also closed their stores in recent months.
Mall ownership and management did not return calls for comment Tuesday. Ken Whichard, a partner in the mall's Georgia-based ownership group North Star Realty Group, said last July that he planned to either sell or lease the vacant spaces. Things had appeared to be looking up at the time. Whichard said then that Kohl's Department Store and Burlington Factory Warehouse had renewed leases for five more years. Bass Pro Shops had six years left on its lease.
Cincinnati-based Totes Isotoner Corp. also had opened a temporary 30,000-square-foot store to sell gloves, hats, slippers and flip flops at close-out prices. Whichard had hoped to line up more non-traditional and outlet stores. Offices for the Susan G. Komen Foundation, StrollerFit Fairfield and a recruiting office for the National Guard were examples. Vacancy was about 40 percent, he said.
But those announcements appear to have been the last good news for the property. Besides the recent closures, Saks Fifth Avenue Off 5th, MasterCuts, GNC, Dress Barn and Cricket closed up shop. Totes closed its temporary store at the end of the year. Bigg's, the mall's oldest and largest tenant, left the center in June 2008.
The opening of Cincinnati Premium Outlets in Monroe drew some tenants out of the mall. Guess, Saks, Lane Bryant and Dress Barn have relocated there since the outlet mall's opening last August.
Treehouse Kids opted for a strip center location in Springdale. It opened in January in CompUSA's old space across from Tri-County Mall.
Brokers say that no one is actively marketing the mall.
"It's hard to find information or even get a current floor plan," said Melissa Wilhelm, a retail broker with Grubb & Ellis/West Shell Commercial.
North Star is more than $1.3 million delinquent on its property taxes, according to records of the Hamilton County auditor. It's also not generating enough revenue to pay off the bonds that the Port of Greater Cincinnati Development Authority issued in 2003 to fund construction of a parking garage and other renovations, said Harry Blanton, vice president of the Hamilton County Development Co.
"Clearly the onus for revitalizing this site rests with the property owner, and it is his responsibility to step forward with a plan to accomplish this goal and ultimately fulfill all of his obligations," said Paul Brehm, economic development director for the city of Forest Park, in which most of the property lies.
Cincinnati Mall, formerly called Cincinnati Mills and Forest Fair Mall, has struggled to attract and keep tenants since it opened in the late 1980s at the interchange of Interstate 275 and Gilmore Road. Among stores recently closed are Guess Factory Outlet and Lane Bryant Outlet.
Current stores include Babes R Us, Bass Pro Shops, Burlington Coat Factory and Kohl's.
The mall's largest and oldest tenant, bigg's, closed in recent years.
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Ron Keillor
Expert Film Handler

Posts: 166
From: Vancouver, B.C. Canada
Registered: Jul 2003
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posted 03-26-2010 01:30 AM
Vancouver B.C. Ridge Theatre in Kitsilano in danger of closing By Craig Takeuchi
Could the show almost be over for the Ridge Theatre?
The vintage venue, at 3131 Arbutus Street, has served Arbutus and Kitsilano neighbourhood audiences for 60 years, and has survived longer than numerous other businesses that opened and closed in the same retail strip. Even The Twilight Saga: New Moon shot a scene there.
Unfortunately, like many other single-screen theatres struggling to survive in the age of multiplexes, DVDs, and the internet, its one screen may fade to black when Festival Cinema's five-year lease on the 480-seat theatre expires on December 31.
Leonard Schein, president of Festival Cinemas, which operates the Ridge, informed the Globe & Mail by e-mail that he may not be able to renew his lease unless the rent is reduced. He stated that they have lost money for the first four years and can't continue to do so.
The theatre sometimes serves as a venue for speaking engagements and was also one of several venues for the Vancouver International Film Festival.
Festival Cinemas runs one other single-screen theatre, the Park at 3440 Cambie Street, in addition to the mutliscreen Fifth Avenue Cinemas (2110 Burrard Street).
Other single-screen theatres that remain in operation include Dunbar, Hollywood, the Rio, and Van East theatres. The Denman Theatre recently closed down for renovations.
http://www.straight.com/article-300107/vancouver/ridge-theatre-danger-closing
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