X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OAKLAND COUNTY, MI-Showcase Cinemas has closed all of its theaters here as amethod of eliminating all of its older buildings in Michigan.Recently the company closed the doors forever at Showcase Cinemas 6-12on Telegraph Road in Bloomfield Township, following the closing of the 1-5building in January. The company’s facility in Auburn Hills was also closedat the beginning of this year.

Essentially, the company had decided that many of its older buildings aren’tcompetitive with the megaplex theaters of today, said Jennifer Hansen,director of communications for the company.

The company is a subsidiary of National Amusements, which is based inDedham, MA, and has 1,354 indoor screens in the United States, UnitedKingdom and Latin America. There are nine Showcase theaters left inMichigan, mostly in urban areas in the Metropolitan Detroit area.

Hansen told GlobeSt.com that the Bloomfield Township theaters were closeddue to a “lack of profitability.”"Anything that was closed falls into the category of an older theater,” shesaid. “With new theaters upsizing now, patrons are now accustomed tostadium seating, wall-to-wall screens and digital. We’re building thosetheaters that are offering those amenities.”

However, there won’t be any new Showcase buildings in the Detroit area inthe near future, Hansen said.”We’ll keep our eyes open for options,” Hansen said. “We have to put ourresources into installing new amenities in our planned theaters.”

She said the company has had to compete locally with Star Theaters, a firmwith large multiscreen complexes in the Detroit area. Star was bought lastyear by Loews Theaters.”We’ve got a great summer movie season coming up, we’re looking forward toit,” Hansen noted. She said the Telegraph buildings and land would be sold for non-theater use.

National Amusements started out as a chain of local drive-in movie theatersin 1938. It also runs the Multiplex Cinema brands, and owns CBS, MTV,Paramount Pictures, Blockbuster and other entertainment companies.

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

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

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

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