Orlando gets funds for theater

posted by Michael Zoldessy on December 22, 2008 at 9:45 am

ORLANDO, FL — The city council is diverting funds so downtown can finally get a movie theater.

The Orlando City Council on Dec. 15 approved a deal that would provide $6 million to the owners of the long-awaited downtown movie theater.

Beverly Hills, Calif.-based RP Realty Partners LLC, which last week told Orlando Business Journal it secured a movie theater operator for its mixed-use The Plaza, will receive the funds through two special assessments levied by the city. The first is a $2.5 million retail assessment to be paid to the city over 15 years, and the second is a $3.5 million parking assessment paid over 10 years.

Read more in the Orlando Business Journal.

Comments (1)

Scott Neff
Scott Neff on December 22, 2008 at 3:44 pm

I have never heard of this “American Theatre Company” before. Their website is crazy and doesn’t make any sense. They’re based in Atlanta but show a Las Vegas address (with Atlanta phone numbers). The majority of their upcoming project details say one location but name another. And they have a photo that looks like they’re operating at least one location, but there’s no information on THAT location. Am I missing something?

www.americantheatercorporation.com

You must login before making a comment.

New Comment