More good news for Hyde Park
In addition to Five Guys for part of the retail portion, the actual theater building is going to reopen as a 5 screen cinema:
http://news.uchicago.edu/news.php?asset_id=2266
New five–screen movie theater coming to 53rd Street
February 24, 2011
The University of Chicago plans to bring
The New 400 Theaters, an independent movie operator that will offer a mix of
art, children’s and wide–release films, in the soon–to–be renovated buildings at 53rd Street and Harper Avenue.
Officials said the 10,149–square–foot theater plan includes five screens with state–of–the–art digital projection. One screening room will have tables placed between the seats for
future lunch and dinner options.
The New 400 Theaters plans to discount tickets for students, seniors and children. General–admission seating will be below market prices, said theater officials.
“We believe students, faculty, staff and our neighbors will be very excited about having a new movie theater within walking distance,” said Kimberly Goff–Crews, Vice President for Campus Life. “As we talk to members of our community about how to enhance campus life, this is one of the ideas that comes up frequently.”
The agreement with The New 400 Theaters is part of a broader effort to revitalize the 53rd Street corridor as a focus of commercial, retail and entertainment activity.
Last month, the University unveiled plans to begin a major renovation of the commercial and theater buildings at 53rd Street and Harper Avenue, which are currently vacant. Five Guys restaurant, scheduled to open by year’s end, will be the first tenant.
Additional tenants will be announced in the upcoming months. The University is also partnering with the City and community leaders to lead an ambitious redevelopment of the adjacent Harper Court property as a mixed–use complex.
“The theater, along with other strategic revitalization efforts, will bring added value to the area. It is one more piece of our ongoing conversations with the City and the neighborhood to build Hyde Park as a key destination on the South Side of Chicago,” said Susan Campbell, Associate Vice President of Civic Engagement.
...The movie theater has a
targeted opening date of fall 2012.