Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SILVER SPRING, MD-Edwards Theaters has dropped its plans to run a theater in a major Downtown revitalization project for Silver Spring.The news has sent the project’s developer, Peterson Cos. of Fairfax, Va., talking to other theater chains to fill the space.

Theaters are typically seen as anchor tenants for such retail-intensive projects, because they draw crowds that will support other retail tenants.

California-based Edwards is one of several theater chains having difficulty now in the overcrowded theater business.

Muvico Theaters of Fort Lauderdale, FL is the most likely replacement prospect, sources say.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.