Sunday, April 11, 2010

No Show at Block 37











The new Block 37 has suffered another set back. Is the Block 37 parcel hallowed ground?

From the Chicago Tribune:

The chance of bringing a long-anticipated movie house to the Loop at the Block 37 mall is fading as a foreclosure battle over the stalled retail project winds its way through the courts.

Michael Whalen, CEO of Paragon Entertainment LLC, which would run the movie house, said he wants to move forward with the theater but is doubtful a deal will be reached.


The article mentions that the foreclosure drama has put the theater in jeopardy of becoming a tenant. Muvico is an upscale movie theater that also serves drinks and dinner to guests.



I was really looking forward to the new theater. Being able to walk one block from my Marina Towers home and get dinner, drinks and a nice movie was an excellent option. I think that the theater would have been a great outlet for all the new downtown residents along with downtown travelers. Let's keep hope alive that the decision makers can come to an agreement.

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