Water Tower Theatre
175 E. Chestnut Street,
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This theater opened in the mid 1970s and its original four screens were built in the upper floors of the Water Tower Place Mall. Screens 5 to 7 were erected on street level on Chestnut Street.
By the 1990s, the Water Tower was in rather rough shape and eventually closed in 2001.
In mid-2002, the Village Theatres chain, which also operates the historic Biograph, Village and Village North Theatres, renovated and reopened the former 5-7 Water Tower auditoriums along Chestnut Street, as simply the Water Tower Theatre. It screened mainly art and foreign features. The 1-4 auditoriums were gutted and turned into retail space.
As of the end of August, 2003, Village Theatres closed the Water Tower theaters. In May of 2005, the former 5-7 screens of the movie house on Chestnut Street were reopened after a converstion back into a single auditorium seating 549 as the Drury Lane Water Tower Theatre. Like the other Drury Lane Theatre in suburban Oakbrook Terrace, the theater will present live musical theater.
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