Century III New Owner Seeks To Reverse Vacancy Trend With New Theater

Map of Allegheny County, Pennsylvania, United ...

Map of Allegheny County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)

The owner of Century III is betting that a movie theater could help revitalize the struggling West Mifflin mall.

Las Vegas-based Moonbeam Capital Investments LLC, which bought the mall in May, said it is negotiating with two national chains with a Pittsburgh-area presence to open a first-run movie theater with stadium seating in Century III. Shawl L. Pryor, senior vice president of real estate, won’t name the companies because no lease has been signed.

Contending with a high vacancy rate, about 32 percent, and low foot traffic, the 34-year-old mall needs an entertainment component as part of its revitalization, Moonbeam said.

“We believe that it’s a very important aspect of why people go back to the mall. It’s not just to buy clothing anymore,” Moonbeam Chief Executive Officer Steven Maksin said.

Read more: http://triblive.com/news/allegheny/5157496-74/mall-iii-century#ixzz2nGz6riE4
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Penn Cinema Partner Plans York Theater

Map of Pennsylvania highlighting York County

Map of Pennsylvania highlighting York County (Photo credit: Wikipedia)

Cinema entrepreneur Penn Ketchum is heeding the advice of 19th century American newspaper editor Horace Greeley.

“Go west, young man.”

Ketchum, managing partner of Penn Cinema, intends to develop a small, luxury two-screen movie theater in York city.

But he said Friday that he has no intention of going south into Lancaster city and doing the same kind of project there.

Ketchum’s $750,000 venture in York was disclosed Thursday by York Mayor Kim Bracey in her State of the City address.

Read more: http://lancasteronline.com/article/local/848107_Penn-Cinema-partner-plans-York-theater.html#ixzz2T2FcRToY

Theaters, Playhouses Fear Financial Problems And Technical Demands Will Lower Their Curtains

At Oyster Mill Playhouse, the aging rooftop heating and air conditioning system is threatening to stage a death scene worthy of “King Lear.”

With audiences — and therefore revenues — down, there’s no money for a replacement, so managers of the not-for-profit community theater in East Pennsboro Twp. are hoping the community will donate about $25,000 to keep Oyster Mill going for another year.

“Like many other theaters, we are having our financial problems,” said Howard Hurwitz, vice president of the 91-seat theater’s board of directors. “This year has been kind of a bad year. We just haven’t been getting the attendance. We used to sell out on opening nights, but now we are lucky if we get the theater half-full.”

Oyster Mill is far from alone.

Read more:

http://www.pennlive.com/midstate/index.ssf/2012/11/oyster_mill_playhouse_theaters.html

Carmike To Build At Upland Square – Commerce Corner Sputters

Looks like Carmike is heading across Route 100 to Upland Square shopping center.  Frankly, I would rather see Upland Square get filled up before we build another shopping center on the same intersection.  By the way, I would really like to see Pottstown Plaza get filled up!!!

Read the entire story from my good buddy Joe Zlomek over at the Sanatoga Post:

http://sanatogapost.com/2011/01/13/carmike-switches-sides-of-rt-100-to-upland-square/