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Per the book “George Lucas’s Blockbusting: A Decade-by-Decade Survey of Timeless Movies Including Untold Secrets of Their Financial and Cultural Success” this theater has some historical significance as it was the very first theater designed with stadium seating with each row on a different level as opposed to the old style slope seating. It was so successful that AMC stopped some theaters in mid build to redesign them with the new type seating.
An example is given of the UA theater chain who decided slope theaters were fine even for new buildings and were out of business within a few years.
In “George Lucas’s Blockbusting: A Decade-by-Decade Survey of Timeless Movies Including Untold Secrets of Their Financial and Cultural Success” it’s m,entioned that this was the first mall cinema ever built and also that it has a claim to being the first multiplex. The claim against it is because it was not designed originally as a multiplex. This would mean it was the first split house but that’s not a thing it would want to be remembered for.