AMC Pine Square 16 in Long Beach eyed for housing
LONG BEACH, CA — With its lease expiring in 2012 and no new retail tenants offering to occupy the space as it is now, the AMC Pine Square 16 may be converted to housing and retail after renovations. Heralded as a magnet for renewed economic life for Pine Avenue when opened in 1992, the theater’s patronage has since declined with the opening of other theaters.
The developer also wants to eliminate the escalator leading to the theater, convert the ground-floor, 543-square-foot box office into potential commercial space and improve the courtyard area.
The remaining retail would continue to operate in the space surrounding the theater.
There is more in the Press-Telegram.