Announcement from the operator of a renovated movie theater | News
Perry Reid Properties and Theater District LLC have partnered with Golden Ticket Cinemas Inc. to renovate and rehabilitate the three former Imperial Theater cinema screens into what the developers say is top-notch luxury cinema.
The developers of Theater District announced the partnership with Golden Ticket Cinemas on Thursday afternoon.
When members of Hastings City Council meet at 5:30 p.m. on Monday in the Council Chamber at 220 N. Hastings Ave., they will act on a change in the Theater District redevelopment plan to accommodate the theater renovation.
The Imperial Theater, just west of the former West 12th Street Mall site, has been closed since February 2017.
The project will use tax funding to completely renovate the interior and exterior.
It will take about six months to complete the interior and exterior work, which could take place simultaneously.
Tom Huston, attorney for Perry Reid Properties of Lincoln and its subsidiary Theater District LLC, told the Hastings planning committee meeting on December 21, 2021 that the plan is to open the theater by October 1. .
The total expected project costs are approximately $ 1.25 million for the construction and installation of the project, as well as related ancillary improvements.
The cost of public improvements eligible for the TIF – acquisition, site preparation, parking and faÃ§ade improvement – is estimated at $ 350,000.
The redevelopment project area is currently estimated to be worth $ 16,917. The proposed redevelopment will create an additional assessment of $ 1.23 million.
Travis Broderson of TRB Architecture in Omaha is the project architect.
All auditoriums will feature luxury power reclining seats, enhanced Dolby 7.1 sound and the latest digital projection. The hall, toilets and common areas will be completely modernized and refurbished.
Dining options will be improved. In addition to popular favorite movies like popcorn, candy, nachos, and soda, the enhanced menu will feature a full selection of hot foods and expanded drinks.
The exterior facade will be replaced and updated. The parking lot will be refreshed with siding and new landscaping.
Golden Ticket Cinemas is a leading North Carolina-based movie theater operator with locations in nine states including Nebraska with luxury locations in Scottsbluff, Kearney and North Platte.