Britta Rivera Venture

CHICAGO REAL ESTATE NEWS & MORE

5/26/11: CHICAGO’S PIPER’S ALLEY AMC MOVIE THEATRE, CLOSING TODAY

Many who grew up in Chicago, especially on the north side of the city, are familiar with Piper’s Alley and the movie theater associated with the mini-mall.  The AMC Theatre is located in Old Town, near the World famous Second City, Starbucks and several other retail stores.  But after its long run, the movie theater is shutting their doors today.

According to reports, the theater chain AMC felt the Old Town site was just not a competitive property, hence likely meaning not profitable enough.  The theater opened in 1991 and at that time, it was a sheer luxury to north side residents.  However, in recent years the condition was reported to be dated and worn but the prices continued to soar.  And during that time, a host of more luxurious theatres have surfaced throughout the city.

Although I have not gone to a movie at that theater for many years, it is still sad that Chicago is losing a landmark to many.  In the early days, I remember many trips to Piper’s Alley to catch a show and walk the neighborhood on a warm summer’s night.

It seems to be just another casualty during these tough economic times, as many cut costs to survive.

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May 26, 2011 - Posted by | NEIGHBORHOOD SCOOP | , , ,

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