Iconic Chapel Hill Landmark Theatre To Reopen
CHAPEL HILL, NC — After closing this past summer, the Varsity Theatre, a historic landmark in Downtown Chapel Hill on East Franklin Street for more than 80 years is scheduled to reopen on November 9, 2009 under new management. The theatre, which in the past showcased foreign and independent films will present mainstream films as well as classic films at reduced prices.
Today, new owners will announce their plans for renovation, which include an upgraded lobby and concession area and a children’s birthday party room.
The owners declined requests for an interview until their announcement.
Former owner Bruce Stone, who operated the Varsity for nine years, said lowering prices didn’t work for him, and he doesn’t know how $3 movie tickets will work to sustain the new Varsity.
Read more of this article in the Daily Tarheel.
UPDATE: Now slated for November 29th reopening.