AMC Theater is celebrating Christmas by taking over the leases for two more theaters in Los Angeles and Chicago previously operated by Pacific Theaters and ArcLight Cinemas.
The major theater chain plans to reopen the brand new AMC Northridge Fashion Center and AMC Chicago 14 next spring.
Earlier this year, AMC Theaters and LA real estate company Caruso Affiliated announced that the largest company in the country had signed long-term leases to operate theaters at The Grove in Los Angeles and The Americana at Brand. in Glendale, both of which were formerly operated by the now defunct Pacific Theater chain.
Regarding the Northridge and Chicago locations, Adam Aron, president of AMC, said both are high-traffic theaters.
“These are prime examples of how AMC continues to breach, looking for opportunities to strengthen our company through the acquisition of these well-known locations,” said Aron. “Our most recent acquisitions of AMC The Grove 14 and AMC Americana at Brand 18 have demonstrated their success as those locations regularly end up in the top 10 theaters for room performance. tickets among more than 150 theaters in the LA market and in the top 30 in the entire United States. ”
AMC is still in active discussions with other property owners about additional locations that are now closed.
An earlier Pacific/ArcLight location that still seems to be off-limits is the Cinerama Dome in Hollywood. On December 17th, CHEAP reported that Pacific/ArcLight’s parent company, Decurion Corp. plans to reopen the iconic theater next year.