Today’s Newsreel
SEATTLE, WA — Redevelopment of portions of the Northgate Mall in Seattle may, once again, impact the historic Northgate Theatre. According to the Seattle Post-Intelligencer, a redevelopment proposal would “likely include the mall’s northwest corner” which is where the former Loews Cineplex movie house is located, along with adjacent office space.
The Northgate Theater, which is cited as the first shopping center theater ever built, has recently been converted into a concert venue, the Northgate Music Theater. The operators currently have a one year lease.
The Northgate opened in 1950 and once seated 1,500 patrons during its heyday. As the Northgate Music Theater, most of the seats have been removed and the venue can now fit 2,400 patrons with only 375 seats on the floor.
Northgate Music Theater website
MINNEAPOLIS, MN — The opening of the new 15-screen Crown Theatre in downtown Minneapolis is great news for moviegoers, but will add hardships to the single screen Parkway Theater.
According to the Star Tribune, Parkway owner Bill Irvine has seen his property tax bill nearly double this year due to a “reassessment” of the value of the building. That value is partially based on the development of and around the new Crown Theatre.
Irvine says he will now need to sell an additional 10,000 tickets this year to make up for the increased taxes at a theater that seats only 400 and charges $6 per ticket, 25 cents for a small popcorn, and a dollar for soda.