City offers $200,000 as incentive to lure new theater

posted by CSWalczak on September 27, 2010 at 3:39 pm

PRINCETON, IN — Fearful that AMC will be closing the Princeton Theater, the city is offering $25,000 each year for eight years to Showplace Cinemas of Evansville to build a new theater on a former Kmart site. While acknowledging that the use of economic development tax funds for this purpose is controversial, the mayor feels that the investment is in the best interests of the community. If and when the Princeton does close, the mayor hopes to possibly convert it into an arts center. Currently a quad, the theater opened as a single screener in 1948.

Stilwell said if the theater isn’t successful in Princeton, the city won’t get any money back, but won’t be obligated to make future payments.

Councilman Jim Coomer asked about the prices of admission. It was estimated that they would be similar to Evansville for first run movies.

Hurst said he previously contacted Kerasotes Theaters, former owner of the existing Princeton Theater, about the need for improvements, but got no where. The downtown theater building is now owned by AMC, which Hurst said has been closing theaters in small communities like Princeton.

There is more in the Princeton Daily Clarion.

Theaters in this post

Comments (1)

Kevinogijhome on April 27, 2018 at 8:28 am

ST. LOUIS — Dexter Fowler avoided the first water-cooler shower, juking his way through a mob of teammates giddy on the infield dirt. oakland athletics jersers texas rangers jersers He could not avoid the second, the cold celebration that came minutes later, near his dugout. “I thought I eluded them, but los angeles angels of anaheim jersers they got me!” Fowler said afterwards. “I’ll be ready next time.” View Full Game Coverage Fowler on his walk-off knock Fowler on his walk-off knock 01:02 1:15 PM ET 01:01 1:15 PM ET “It was one of the best games I ever colorado rockies jersers played,” Martinez said. “We never gave up.” Flummoxed by Syndergaard for much oakland athletics jersers of the day, the Cardinals fought back from two deficits. Fowler and Marcell Ozuna, two slumping but important regulars, drove in key runs. Gant, who woke up pittsburgh pirates jersers blue avisail garcia authentic jersers as a member of Triple-A Memphis and could end up back in the Minors soon, picked up a bullpen asked to record 21 outs. The victory sent the Cardinals to Pittsburgh winners of 10 of 12. Ozuna’s RBI single in the 7th Ozuna’s RBI single in the 7th 00:47 1:15 PM wholesale baseball jersers ET “This was the miami marlins jersers most special game today for us,” Matheny said. “It took a little bit of everything. It took the entire roster.” Gant wasn’t even on the roster until a few hours prior to first pitch, swung up from Memphis as insurance to cover innings John Brebbia could not, after Brebbia’s three-inning save Wednesday. Gant entered after Martinez tied cincinnati reds jersers the game with a two-out double in the 10th, then breezed through a full turn of the Mets' lineup unscathed. “So much fun to be involved,” Gant said. “To compete is what I feel like I’m miami marlins jersers here for, and it’s an amazing feeling.” There were 37,762 fans at Busch Stadium expecting to see a high-octane duel, and that’s what they got, though both starters were long gone by the end. Syndergaard’s defense spoiled what was a dominant start through six; he finished with two runs (one earned) allowed over 7 1/3 innings. Martinez scattered four hits and a run over six frames, routinely wiggling out of jams brought upon by three hit batsmen.

You must login before making a comment.

New Comment