Movie Theater Coming to Chicago’s “Block 37”
CHICAGO, IL — According to an article in the Chicago Tribune, movies are making a return to Block 37, the long-vacant block of the Loop bordered by State, Washington, Dearborn, and Randolph Streets. Almost two decades after the last movie palace on the block, the United Artists, along with almost everything else on the site was razed, Muvico Entertainment LLC has signed a letter of intent to open an 800 seat, seven screen movie complex at 108 N. State Street. The Fort Lauderdale-based Muvico recently opened its first movie theater in the Chicagoland area, in the suburb of Rosemont.
The theater is now the second retail tenant announced for the 108 N. State project, along with David Barton Gym. The block will also include, among other things, the new studios of CBS' Chicago affilate, a residential tower, a hotel tower, and a transit station for the “L”, providing express service to the two major Chicago airports.
With the influx of residents moving into the Loop in recent years, the idea of opening a movie house at Block 37 seemed like a good idea to Muvico president Michael Whalen. “We think the demographics downtown are fantastic. We think’s it’s an up-and-coming trendier area”. Whalen says that he plans to sign a lease within the next month for 30,000 square feet on the fourth floor near the gym, opening in early 2009.
The theater will feature reserved seating, digital projection, and free popcorn, as well as a bar and restaurant operated by Levy Restaurants. Reserved weekend tickets are expected to run $13-$15 dollars.