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building was raised last year. The person who was going to re-open it had financing issues, and backed out. Since this Cinemark has started construction of a 12 screen attached to the mall where Dillards used to be.
This location was never a typical Carmike you walked in and it was NICE.. the layout was over the top, and had a multi level projection area.
The upkeep was horrible as it did open the day the company filed bankruptcy, and the area it is located in, the FHP officers hired to do security wouldn’t even bring their family’s to watch a movie in.
things being destroyed daily people scaling the walls between the stadium stairs and removing speakers from the walls and taking them out the back doors…
I could go on and on, but I am sure now that it has been open 13 years it has been run into a typical Carmike craphole…
if you google this location it is showing first run features. This theater is branded under the company CINELUXE not to be confused with CINELUX.
There is only access by a facebook page I can’t find a webpage yet.
That explains it!
Still sitting vacant with a high lease that no one wants to deal with for such a small profit margin. I assume that once AMC’s obligation to operate this location and subsidize profits from other locations they bailed!
Howard, Wouldn’t it be more wise to invest that 75k into a Digital Projector, then take the profits of remaining open in 2014 and beyond to make cosmetic changes?
Stuck in Limbo until probably September 2013… the port authority is dragging with perspective new plaza owners.. most electronics were stripped from the building, but Seats, Screens and Sound Systems are still in place, but need a good cleaning.. already wired for digital but needs equipment brought back in.
Lobby and First appearance look good, but I am sure that there is a lot of small broken things that have been neglected based on reviews from the last few years about the previous management!
You don’t take out your frustrations on customers if you are having issues with your landlord! enough said!
Rofl Carlos as that is the death of the cinema… Britton will be a lost treasure soon!! Even the Ruskin Drive-in went Digital last year… The equipment at britton is ORIGINAL with the exceptions of the lamp houses. That elevator fixed yet? New owner in 2010 now 2013… Still broke.. I have seen several $1 theaters already convert to digital, they are very successful value locations that larger chains abandoned because of profit margin..
You can watch those same movies in the Bradenton mall 6 weeks later for .50 on Tuesdays in a multiplex built in the 80’s as a multi not a single screen split into 8 built in the 30’s .
2 years it will be closed unless they have cash burried somewhere for a digital upgrade!
I like the idea of the rent incentives and aggressiveness of your leasing offers, but realistically in today’s market, I honestly don’t see how you could re-open against a practically new Stadium, Digital Cinemark that positioned themselves to run out the competition.
In the eminent Loom of Digital OR DIE it doesn’t make business since if there is a booking zone restriction in place because Cinemark will continue to out book the films for the blockbusters at this location, now if it was Carmike as your competition, and you had a few Million to drop on the 5 screen you could make it a destination location with food and beverage if a liquor license was available. You may have a chance.
Nick, I have a feeling that the mall/ or Frank probably was doing something illegal by filling the space, and pocketing something from the IRS.. The mall was probably writing off extra security expenses and hoping that the traffic (little as it was) would generate some holiday traffic…
I have a strange feeling that Frank had to know that they would be temporary.. Not one Digital Projector was installed you would have thought priority would have been get the 4 largest 400 seat theaters 3D capable for the movies last year! They basically turned the lights back on, and used duct tape and chewing gum to hold the ship together..
As much crap as they fed management about plans they probably didn’t know until about 2 weeks before.. I have been in situations before with CARMIKE that they tried to close my building 3 times and denied it when the DM called them on it. Saying they were coming to update computers, fix things etc.. But they would scratch their head when they saw the fact that I was making them money, they eventually went 100% digital and upgraded seating at this location after multiple attempts to close it.. And eventually promoted me to a 20 screen that I quickly learned I was drastically being underpaid to manage!
University 16 was under grossing $1 theaters at the end.. In this economy and with the grosses that location had made in the last 6 years no bank would have ever given them a loan to spend millions of $$ to retrofit and digitize, unless you have money buried in your back yard for a complete chain wide digital retrofit 2 years before anyone else..
Enough said.. I would love to get back in the business because insurance sales suck a$$ now due to Obama and commission rate cuts and that topic is another day another place! If anyone in Tampa or Orlando area is looking for a kick A$$ general manager let me know!
They would rather tie up the court system and not get a dime.. The center is not only suing the theater operator, but is in default in excess of 400 million themselves.
Really the location being stadium already and digital only required some deep cleaning, maintenance and attitude change with some marketing and proper management team could have made a marginal profit.
I would love to have gotten involved with this location as General Manager and done some cool things to bring it back to life!
Moviemad52 what is your status are you an active operator?
Hmm that would certainly put a hit on Raymond James Stadium, as the bulls have filled the seats more this season than the buc’s themselves.
I really began to wonder how sweet that deal was because if anyone did the math, it never would have added up in favor of any operator to spend a couple million to retrofit and digital an existing theater in a greedy mall that wants over $13 a square ft… On aprox 30,000 sq ft $390,000 a month and pull the financials of all the other operators I’m sure revenue was below 1.5mil a yr. attendance at a 6 screen dollar house in Bradenton consistently outnumbered it in attendance.
So will Frank be held to back rent? Or will frank pull a chapter 11 on the location and run? It’s not like they spent anything it was walk in ready and reopen! I don’t get up that way often, and would never pay any money to watch a movie there until renovations were made.
Last Summer I drove past this theater. It is still standing in front of the fence to the defunct Hard Rock Park.. you have to look past the trees and growth, but it looks like an old UA..
The whole area is nast, the mall in front of it needs torn down.. the only things that are clean and new looking are the theme park and the opera show that is right there.
I am amazed that this location is now closed by their website… Should be changed to closed.. did someone build a Mega-Plex across the street or is the landlord just an A$$?
it’s already stadium, the smell can be removed and the cleaning and coat of paint with the installation of digital projectors will generate income to then do seat replacements etc.. it looks like it was maintained by Regal.. if it had been a Carmike I wouldn’t even take a look it would be a shithole ran into the ground.
an independent could get in here and make some money… the only thing must be a GREEDY LANDLORD!
What is the Status Cinemark didn’t want to update to Digital, not closed long… I would assume there is someone out there that might be interested in assuming the lease…
How close is Tinsletown?
Is this theater still standing? I know the landlord attempted to operate it for a brief time.
I am suprised that someone hasn’t opened a 6-8 plex in the Arcadia/Wachula area… closest cinema is Sebring over 40 min away.
Does anyone know anything about this location if the mall is still standing, or info about why the location failed..
I think it was Starnet Theaters
If anyone would have operated the 10 as a $1 house it probably would have been Cinemark… but they are in the process of getting out of the discount house business.
Its not economically viable with the requirement to go digital in their minds to spend the money to upgrade.
In some small markets Cinemark has fliped a 180 and converted $1 houses to first run with no upgrades, but maintain lower admission prices and run others out of town.
Carmike Sucks.. they run theaters into the ground, and the New theaters don’t stay nice long.. I couldn’t believe how nice some newer theaters are.. for a few months..
Just saw a movie here last week and I was IMPRESSED!! AMC spent some money and retro-fitted the original 8 houses to a stadium tiered seating. They also remodeled the restrooms, concession stands and other deficiencies they have been running for the last 10 yrs at full price.
Now you actually get stadium in all 20 theaters for the same ticket price…
I believe the mall tore it down to build a strip plaza with a Target or other big box store.. I know Teicher did not have an option to renew the lease.
Origionally opened in the Carmike Family, It replaced the 2 screen across town. Fairmount was closed shortly after the 8 screen opened in the Lakesore Mall. In 2002 it was re-opened by N&S theaters and still today splits product with the now ALL DIGITAL Carmike in the mall which received a well needed renovation with new seats and such to keep the edge for booking preferences.
No updates have been made to this theater since it was built, except with the addition of cupholders to the existing 1980’s seats.
guarantee that that Regal put a non compete clause in the closure of this theater, unless they just let the lease expire and the landlord is motivated to fill it.
Second run houses are going to be a thing of the past anyone going in there at this point will have to re-fit the booth again with new equipment and there is no point not going digital, and the cost out weighs the fact there is probably a booking zone issue where they will have to split product and argh as nice as it sounds it is a gut re-hab.
PRO’s it hasn’t been closed long enough to be demolished.