I love to imagine watching a football game in the ultra modern lounge! Or on the big screen for that matter. It’s great to see continued support and positive memories of this landmark. Perhaps someday day soon, I’ll have the pleasure of watching a Sunday Vikings game in a restored and updated 2008 version of “Ultra-Mod”.
Anyway, I noticed a lack of photos of the Terrace online, so I recorded some video of the exterior this past summer. I just got around to creating an edit last night to share with you all reading this thread. I think it turned out well. Please enjoy and don’t hesitate to show it to excitable investors. :) ~Ray http://www.youtube.com/watch?v=0ePbIQvKecM
OK. I have some interest from a fellow at the National Center for Supercomputing Applications. He would like to submit a proposal that more closely adheres to the master development plans call for Theater/Arts Center/Cafe use at the Terrace, rather then medical office.
I will be directing him to this thread and to City Council for more information.
When you say Centro Watt “coming back in a few months” this means there is time for other input right? Little time, but a window of opportunity none the less, right?
I thank you for renewing hope that the Terrace Theater might soon live again as a culture magnet and family destination for Robinsdale.
Carmike Cinemas Inc · 10-Q · For 9/30/95 · EX-4
Filed On 11/14/95 · SEC File 1-11604 · Accession Number 950144-95-3250
10.06. Seller’s Indemnification Regarding Underground Storage Tank
Located at Terrace Theatre, Robbinsdale, MN. Subject to the terms and
conditions hereinabove set forth in this Article X, Seller hereby agrees to
indemnify and hold Buyer harmless from any and all costs, damages and expenses
whatsoever, including reasonable attorneys fees arising out of or related to
the underground storage tank located on the premises of the Terrace Theatre,
Robbinsdale, MN.
City of Robbinsdale
CITY COUNCIL MINUTES
February 6, 2007
Meeting No. 3
Member Blonigan MOVED, seconded by Member Rogan to adopt City Council’s top 7 goals for 2007 as follows:
• Get more teeth in addressing rental housing/nuisance problems
• Improvements in the downtown core
• Bolster alternative revenue sources (non-property tax)
• Terrace Theater redevelopment
• Improve Robin Center
• Increase use of park facilities
• Technology; web site update â€" address wi-fi opportunities.
Member Mathias noted that he had done some research in regard to the Terrace Theater and found there are a lot of historical organizations who are concerned about losing the theater and would like to see it refurbished. Glick said there have been a number of proposals to refurbish the theater but once these groups see the interior condition of the theater, they lose interest. Glick noted that the latest redevelopment proposal received would keep the theater sign and outside of the building but would gut the inside and remodel for office space.
REDA Minutes
2/13/2007
ROBBINSDALE
ECONOMIC DEVELOPMENT AUTHORITY
MEETING MINUTES
TUESDAY, FEBRUARY 13, 2007
7:00 p.m.
COUNCIL CHAMBERS
NEW BUSINESS #7A: Terrace Theater:
43. Ms. Glick stated that this proposal includes the theater building only. Exhausted all avenues to return property to theater. Owners request to put property in TIF district. Presented pictures of interior and exterior of building. Clarified that the parcel is the building itself. Owners of the mall are all the same, Centro Watt. Owners looking for eligible uses for tax increment and to see if the Board likes the idea of redeveloping this property into office space. Owners looking at pay-as-you-go. Need to determine if the property meets blight test according to state statues. Property manager could explain more details.
44.George Hoene, Centro Watt Property Manager. He has been involved with this project since 2002. NMMC is the market. Medical use gets the highest rents but it is also expensive due to the special amenities needed. Medical offices usually require a 10 + year lease. Higher costs to due infrastructure redevelopment.
45.Member Holtz voiced support for the project. Would enhance the value of the property. Property has been vacant a long time, about 10 years.
46.Member Rogan stated that the proposal seems like a nice idea. But a lot of public funds are being requested. Would like to get more fiscal analysis of proposal.
47.Member Selman agreed with Member Rogan. Encourages going forward with proposal.
48.President Blonigan expressed desire to consider putting in housing/condos on the site instead of office space. Key piece of property in the city with great potential.
49.Mr. Hoene replied that they looked at all options for housing. Parcel does not lend itself to two towers (i.e. footing, pumping fire water up 9 stories, soil capacity).
50.Member Rogan asked what the plans were for the mall specifically, any plans to update mall. Mr. Hoene replied that the mall is doing very well; grocery business is up, first turnover in 11 years. A number of businesses want to be in the mall to cater to NMMC.
51. Member Mathias stated that it is a good idea to keep the building instead of tearing it down, preserves the building.
52.Ron Batty, REDA Attorney. Explained that this is just the beginning of a long process to determine if this plan is viable for TIF funding. Reviewed issues that need to be determined, assessed risks for City and explained qualifying costs.
53.MOTION by Member Holtz, seconded by Member Rogan to direct staff to update the TIF Application Agreement including updating the fee to cover anticipated costs. Once the executed application agreement and fee are received, staff would proceed hiring appropriate consultants to complete the necessary analysis of the property.
54.Discussion. Member Holtz asked Mr. Hoene to be more diligent in keeping the Rainbow Foods parking lot clean and trash free. President Blonigan asked to meet with Mr. Hoene to discuss the utilization of the theater property (parking lot, setback requirements, etc.).
55.ROLL CALL: YEA: Rogan, Mathias, Selman, Holtz, President Blonigan. NAY: None.
The vote was unanimous and the motion carried.
56.President Blonigan advised Mr. Hoene to keep in touch with the REDA board members. Thanked Mr. Hoene and his company for taking a pro-active approach to improving this property.
View link
He also believes theater chains may be able to charge more for tickets as more movies are made for 3D. DreamWorks Animation (nyse: DWA – news – people ), for example, said in March it plans to release all its pictures in 3D starting in 2009.
“Right now theaters charge $2 to $2.50 more for 3D movies like ‘Chicken Little,’ but looking out to the next couple years, as films are made specifically for a 3D environment, they’re going to have more pricing leverage,” Handler says.
3-D movies return to the silver screen
Malaysia Sun
Saturday 26th May, 2007
Steven Spielberg and Peter Jackson have signed on to produce a trilogy of 3D movies about the Belgian comic-book hero Tintin, for Paramount’s DreamWorks.
The new version of 3D will use double-lens digital cameras, double-lens digital projectors and an actual silver screen. It will still require the use of 3D glasses.
Recently, an hour of footage from a 3D concert film of the Irish rock band U2 made its debut at the Cannes Film Festival.
It was described as a different and much more voyeuristic experience.
‘Avatar,’ an ambitious and expensive movie about humans and aliens by director James Cameron, is also being made.
Digital and 3D projection is still not universally available.
In the United States, for instance, digital projection is installed in only about 2,300 of 27,000 theaters, with 3D projection in just 700 of those.
Theater owners have balked at the cost of upgrading to digital projectors, which could prove to be an obstacle for distributors.
View link
“I couldn’t be more excited about it,” says DreamWorks Animation topper Jeffrey Katzenberg, who recently announced the studio’s intention to release every toon in 3-D, beginning with 2009’s “Monsters vs. Aliens.”
“I think it is the single most important transformational innovation that has occurred in the filmmaking business in 60 years, since color,” he tells Variety. “To have spent all these years here, to see something come along that could literally transform your business and give you new opportunities — creative, financial, just on every level — is pretty amazing. It answers a critical issue about piracy and video windows.”
Paramount, New Line, Disney, Sony, Warner and Fox all have major 3-D projects in the works. The live-action “U2 3D” wowed auds at Cannes, where the market was buzzing with pitches for stereoscopic projects. And with helmers like James Cameron, Robert Zemeckis, Steven Spielberg, George Lucas, Peter Jackson and Robert Rodriguez sold on the format, exhibitors can rest assured that content from the industry’s top innovators is on the way.
Content will drive conversion, first to digital projection, and then to 3-D with a simple upgrade offered by companies such as Real D or Dolby. For the digital 3-D releases of “Chicken Little,” “The Nightmare Before Christmas” and “Meet the Robinsons,” Disney helped push Real D installations in several hundred theaters. Those pics, in turn, delivered per-screen grosses two to three times those for “flat” 35mm presentations of the same film (aided by auds' willingness to pay premiums of up to 30% for tickets).
“Movies shown in 3-D are bringing in from 30 to 50 percent higher box-office revenues,” Stucker said. “In 2007 and 2008, something like 18 major movies will be released in 3-D.”
View link
Longtime Hollywood film production company Technicolor sees digital cinema as the inevitable future, despite the slow start and competing technologies. The company’s digital division provides a number of services, including testing of digital hardware and installing digital projection systems in theaters.
With the expectation of major cost-cutting and the potential to lure customers back into the seats with 3-D and alternative content, “it’s mostly a question of when,” said Curt Behlmer, chief operating officer of Technicolor Digital Cinema.
With industry standards nearly complete, Behlmer sees 2008 as the year digital cinema takes off.
“Right now, nobody’s making any money from digital cinema,” he said. “The studios still have to print a lot of film, along with the cost of producing digital versions. The exhibitors aren’t making anything extra from digital.
“But when you put digital side by side with film, everyone agrees it’s the future. Right now, everybody is investing in that future.”
Hello friends.
I am a local artist known to be an idea guy, and I wanted to share with you my idea for Terrace. I was just over there the other day admiring it. Wishing and dreaming of what I would do if I owned it. Seeing as I probably won’t get the opportunity to own it, I will share my vision here.
First, get it out of the hands of Centro Watt if they do not intend it to be a theater! Whatever the cost, it would be better off “secured” against the future.
Second, here is my vision.
Minneapolis does not yet have a dedicated 3D theater. Recently, all the major Hollywood directors have been talking about 3d being the way of the future. Although the technology is currently available and inexpensive, we in Minnesota have to drive all the way down to Apple Valley to view new releases on the 3D IMAX. Wouldn’t it be wonderful if MINNEAPOLIS was ready with a LOCAL, dedicated, digital 3d theater!? I think so. I think it would be a hit, and attract a good investor or group of investors.
Robert Zemeckis, Steven Spielberg, George Lucas, Peter Jackson are just some of the BIG DIRECTORS currently working on 3d films.
I believe this vision for the Terrace 3(D) Theater is practical and possible. It also restores the theater to it’s single screen glory. The Minneapolis art scene is well connected, and we SHOULD be able to make something like this happen. If anyone has a line in to one of these directors, PLEASE give them a call.
I will now quote and link to recent articles to further sell this vision. THANK YOU!
I love to imagine watching a football game in the ultra modern lounge! Or on the big screen for that matter. It’s great to see continued support and positive memories of this landmark. Perhaps someday day soon, I’ll have the pleasure of watching a Sunday Vikings game in a restored and updated 2008 version of “Ultra-Mod”.
Anyway, I noticed a lack of photos of the Terrace online, so I recorded some video of the exterior this past summer. I just got around to creating an edit last night to share with you all reading this thread. I think it turned out well. Please enjoy and don’t hesitate to show it to excitable investors. :) ~Ray
http://www.youtube.com/watch?v=0ePbIQvKecM
OK. I have some interest from a fellow at the National Center for Supercomputing Applications. He would like to submit a proposal that more closely adheres to the master development plans call for Theater/Arts Center/Cafe use at the Terrace, rather then medical office.
I will be directing him to this thread and to City Council for more information.
When you say Centro Watt “coming back in a few months” this means there is time for other input right? Little time, but a window of opportunity none the less, right?
I thank you for renewing hope that the Terrace Theater might soon live again as a culture magnet and family destination for Robinsdale.
Carmike Cinemas Inc · 10-Q · For 9/30/95 · EX-4
Filed On 11/14/95 · SEC File 1-11604 · Accession Number 950144-95-3250
10.06. Seller’s Indemnification Regarding Underground Storage Tank
Located at Terrace Theatre, Robbinsdale, MN. Subject to the terms and
conditions hereinabove set forth in this Article X, Seller hereby agrees to
indemnify and hold Buyer harmless from any and all costs, damages and expenses
whatsoever, including reasonable attorneys fees arising out of or related to
the underground storage tank located on the premises of the Terrace Theatre,
Robbinsdale, MN.
City Council Minutes
2/6/2007
City of Robbinsdale
CITY COUNCIL MINUTES
February 6, 2007
Meeting No. 3
• Get more teeth in addressing rental housing/nuisance problems
• Improvements in the downtown core
• Bolster alternative revenue sources (non-property tax)
• Terrace Theater redevelopment
• Improve Robin Center
• Increase use of park facilities
• Technology; web site update â€" address wi-fi opportunities.
REDA Minutes
2/13/2007
ROBBINSDALE
ECONOMIC DEVELOPMENT AUTHORITY
MEETING MINUTES
TUESDAY, FEBRUARY 13, 2007
7:00 p.m.
COUNCIL CHAMBERS
NEW BUSINESS #7A: Terrace Theater:
43. Ms. Glick stated that this proposal includes the theater building only. Exhausted all avenues to return property to theater. Owners request to put property in TIF district. Presented pictures of interior and exterior of building. Clarified that the parcel is the building itself. Owners of the mall are all the same, Centro Watt. Owners looking for eligible uses for tax increment and to see if the Board likes the idea of redeveloping this property into office space. Owners looking at pay-as-you-go. Need to determine if the property meets blight test according to state statues. Property manager could explain more details.
44.George Hoene, Centro Watt Property Manager. He has been involved with this project since 2002. NMMC is the market. Medical use gets the highest rents but it is also expensive due to the special amenities needed. Medical offices usually require a 10 + year lease. Higher costs to due infrastructure redevelopment.
45.Member Holtz voiced support for the project. Would enhance the value of the property. Property has been vacant a long time, about 10 years.
46.Member Rogan stated that the proposal seems like a nice idea. But a lot of public funds are being requested. Would like to get more fiscal analysis of proposal.
47.Member Selman agreed with Member Rogan. Encourages going forward with proposal.
48.President Blonigan expressed desire to consider putting in housing/condos on the site instead of office space. Key piece of property in the city with great potential.
49.Mr. Hoene replied that they looked at all options for housing. Parcel does not lend itself to two towers (i.e. footing, pumping fire water up 9 stories, soil capacity).
50.Member Rogan asked what the plans were for the mall specifically, any plans to update mall. Mr. Hoene replied that the mall is doing very well; grocery business is up, first turnover in 11 years. A number of businesses want to be in the mall to cater to NMMC.
51. Member Mathias stated that it is a good idea to keep the building instead of tearing it down, preserves the building.
52.Ron Batty, REDA Attorney. Explained that this is just the beginning of a long process to determine if this plan is viable for TIF funding. Reviewed issues that need to be determined, assessed risks for City and explained qualifying costs.
53.MOTION by Member Holtz, seconded by Member Rogan to direct staff to update the TIF Application Agreement including updating the fee to cover anticipated costs. Once the executed application agreement and fee are received, staff would proceed hiring appropriate consultants to complete the necessary analysis of the property.
54.Discussion. Member Holtz asked Mr. Hoene to be more diligent in keeping the Rainbow Foods parking lot clean and trash free. President Blonigan asked to meet with Mr. Hoene to discuss the utilization of the theater property (parking lot, setback requirements, etc.).
55.ROLL CALL: YEA: Rogan, Mathias, Selman, Holtz, President Blonigan. NAY: None.
The vote was unanimous and the motion carried.
56.President Blonigan advised Mr. Hoene to keep in touch with the REDA board members. Thanked Mr. Hoene and his company for taking a pro-active approach to improving this property.
If that PDF plan looks weird, it’s because they want to turn Rainbow foods into a big insane condo.
OH. I SEE>
I just found the Robinsdale Redevelopment Master Plan. From 2004, it’s tied into transit development crap. They do say this about the theater:
TERRACE THEATER
This historic community landmark is proposed to be a combination of a
restaurant, café and community arts center. The main level could house a restaurant and still serve as a community center that could accommodate performing or other arts. The lower level of the theater opens out to the street at the back of the building and has the potential to be a café which could provide a “front door†and pedestrian activity on both sides of the building. Other uses suggested include a conference center for North Memorial Medical Center, or professional office space. The City has already received a $238,000 environmental grant to remove asbestos in the theater building.
<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
So there we have it. An ARTS CENTER. Get George Lucas on the line! Lets do this!
PDF file of Robinsdale plan here: View link
View link
He also believes theater chains may be able to charge more for tickets as more movies are made for 3D. DreamWorks Animation (nyse: DWA – news – people ), for example, said in March it plans to release all its pictures in 3D starting in 2009.
“Right now theaters charge $2 to $2.50 more for 3D movies like ‘Chicken Little,’ but looking out to the next couple years, as films are made specifically for a 3D environment, they’re going to have more pricing leverage,” Handler says.
3-D movies return to the silver screen
Malaysia Sun
Saturday 26th May, 2007
Steven Spielberg and Peter Jackson have signed on to produce a trilogy of 3D movies about the Belgian comic-book hero Tintin, for Paramount’s DreamWorks.
The new version of 3D will use double-lens digital cameras, double-lens digital projectors and an actual silver screen. It will still require the use of 3D glasses.
Recently, an hour of footage from a 3D concert film of the Irish rock band U2 made its debut at the Cannes Film Festival.
It was described as a different and much more voyeuristic experience.
‘Avatar,’ an ambitious and expensive movie about humans and aliens by director James Cameron, is also being made.
Digital and 3D projection is still not universally available.
In the United States, for instance, digital projection is installed in only about 2,300 of 27,000 theaters, with 3D projection in just 700 of those.
Theater owners have balked at the cost of upgrading to digital projectors, which could prove to be an obstacle for distributors.
View link
“I couldn’t be more excited about it,” says DreamWorks Animation topper Jeffrey Katzenberg, who recently announced the studio’s intention to release every toon in 3-D, beginning with 2009’s “Monsters vs. Aliens.”
“I think it is the single most important transformational innovation that has occurred in the filmmaking business in 60 years, since color,” he tells Variety. “To have spent all these years here, to see something come along that could literally transform your business and give you new opportunities — creative, financial, just on every level — is pretty amazing. It answers a critical issue about piracy and video windows.”
Paramount, New Line, Disney, Sony, Warner and Fox all have major 3-D projects in the works. The live-action “U2 3D” wowed auds at Cannes, where the market was buzzing with pitches for stereoscopic projects. And with helmers like James Cameron, Robert Zemeckis, Steven Spielberg, George Lucas, Peter Jackson and Robert Rodriguez sold on the format, exhibitors can rest assured that content from the industry’s top innovators is on the way.
Content will drive conversion, first to digital projection, and then to 3-D with a simple upgrade offered by companies such as Real D or Dolby. For the digital 3-D releases of “Chicken Little,” “The Nightmare Before Christmas” and “Meet the Robinsons,” Disney helped push Real D installations in several hundred theaters. Those pics, in turn, delivered per-screen grosses two to three times those for “flat” 35mm presentations of the same film (aided by auds' willingness to pay premiums of up to 30% for tickets).
“Movies shown in 3-D are bringing in from 30 to 50 percent higher box-office revenues,” Stucker said. “In 2007 and 2008, something like 18 major movies will be released in 3-D.”
View link
Longtime Hollywood film production company Technicolor sees digital cinema as the inevitable future, despite the slow start and competing technologies. The company’s digital division provides a number of services, including testing of digital hardware and installing digital projection systems in theaters.
With the expectation of major cost-cutting and the potential to lure customers back into the seats with 3-D and alternative content, “it’s mostly a question of when,” said Curt Behlmer, chief operating officer of Technicolor Digital Cinema.
With industry standards nearly complete, Behlmer sees 2008 as the year digital cinema takes off.
“Right now, nobody’s making any money from digital cinema,” he said. “The studios still have to print a lot of film, along with the cost of producing digital versions. The exhibitors aren’t making anything extra from digital.
“But when you put digital side by side with film, everyone agrees it’s the future. Right now, everybody is investing in that future.”
Hello friends.
I am a local artist known to be an idea guy, and I wanted to share with you my idea for Terrace. I was just over there the other day admiring it. Wishing and dreaming of what I would do if I owned it. Seeing as I probably won’t get the opportunity to own it, I will share my vision here.
First, get it out of the hands of Centro Watt if they do not intend it to be a theater! Whatever the cost, it would be better off “secured” against the future.
Second, here is my vision.
Minneapolis does not yet have a dedicated 3D theater. Recently, all the major Hollywood directors have been talking about 3d being the way of the future. Although the technology is currently available and inexpensive, we in Minnesota have to drive all the way down to Apple Valley to view new releases on the 3D IMAX. Wouldn’t it be wonderful if MINNEAPOLIS was ready with a LOCAL, dedicated, digital 3d theater!? I think so. I think it would be a hit, and attract a good investor or group of investors.
Robert Zemeckis, Steven Spielberg, George Lucas, Peter Jackson are just some of the BIG DIRECTORS currently working on 3d films.
I believe this vision for the Terrace 3(D) Theater is practical and possible. It also restores the theater to it’s single screen glory. The Minneapolis art scene is well connected, and we SHOULD be able to make something like this happen. If anyone has a line in to one of these directors, PLEASE give them a call.
I will now quote and link to recent articles to further sell this vision. THANK YOU!